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Several Asian refiners have received unofficial notifications from Saudi Aramco and will soon be able to pick up crude oil at Yanbu Port in the Red Sea. On September 10, the east-west oil pipeline was shut down after being attacked by drones from Iraq, and crude oil loading operations at Yanbu Port almost completely stopped. The suspension of operations at Yanbu Port had the biggest impact on European customers. At least two European refiners were told that their October long-term agreement crude oil quotas would all be abolished.
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Several Asian refiners have received unofficial notifications from Saudi Aramco and will soon be able to pick up crude oil at Yanbu Port in the Red Sea. On September 10, the east-west oil pipeline was shut down after being attacked by drones from Iraq, and crude oil loading operations at Yanbu Port almost completely stopped. The suspension of operations at Yanbu Port had the biggest impact on European customers. At least two European refiners were told that their October long-term agreement crude oil quotas would all be abolished.
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