Saudi Arabia Informing Some European Oil Refiners That Their Crude Cargoes For September Loading Are Cancelled After Closure Of East-West Pipeline

Saudi Arabia has informed certain European oil refiners that their crude cargoes scheduled for September loading have been canceled due to the closure of the East-West pipeline. This development may impact crude supply to these refiners and could lead to fluctuations in oil prices. The news comes amid ongoing adjustments in the global oil market.