Saudi Arabia cancels some oil deliveries to Europe after pipeline attacks

Saudi Arabia has cancelled a portion of its planned oil deliveries to Europe after attacks caused a shutdown of the country's East-West export pipeline. The pipeline is used to move crude oil to terminals on the Red Sea coast, from where it is shipped onward to international markets.

What happened

Following the attacks on the pipeline, its operations were halted, directly affecting Saudi Arabia's ability to supply oil to European buyers. As a result, the kingdom decided to cancel part of the deliveries that had already been scheduled for Europe.

Context

Saudi Arabia is one of the world's largest oil exporters, and any disruption to its export infrastructure can have consequences for the global oil market. Europe is a significant destination for Saudi crude, meaning the halted deliveries could also affect the region's energy supply. The Red Sea corridor is broadly regarded as an important route for international energy transport, which is why attacks in the area tend to draw wider attention.

It is not yet publicly known how long the pipeline will remain out of operation or when full deliveries to Europe might resume. The development was reported by Al Jazeera.