Saudi Aramco tells European customers they won’t receive October crude under long-term contracts after drone attack shuts down key pipeline

Saudi Aramco has notified European customers that they will not receive crude oil in October under their long-term contracts due to an attack on a key pipeline leading to the Red Sea, according to sources cited by Bloomberg. European buyers typically receive Saudi oil through these long-term contracts, which guarantee regular deliveries.

The absence of Saudi crude in October will compel European refiners to seek alternative sources of supply, as reported by Bloomberg. The East-West pipeline was disabled last week following a drone attack, which originated in Iraq, according to Saudi Arabia's Foreign Ministry. Aramco anticipates the partial reopening of the pipeline within several days and its full restoration to capacity within six weeks, a source informed Bloomberg.

At Meduza, we adhere to strict transparency regarding the use of artificial intelligence in our reporting process. This particular article was authored by one of our human journalists and translated into English from Russian using an AI model that complies with our editorial guidelines. Each draft undergoes thorough review by a Meduza editor before being published.

Should you identify any inaccuracies in this translation, please reach out to us at reports@meduza.io. To access Meduza's exclusively curated English content, kindly subscribe to our newsletter.