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Reuters: Saudi Arabia Cancels Some Oil Shipments to Europe

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Reuters: Saudi Arabia Cancels Some Oil Shipments to Europe

Reuters: Saudi Arabia Cancels Some European Oil Shipments

Reuters reported, citing three informed sources, that Saudi Arabia has notified its European customers that several planned crude oil shipments for late September will be canceled.

This decision comes after the halt of Saudi Arabia’s East-West pipeline and coincides with insecurity in the Red Sea and disruptions in shipping through the Strait of Hormuz. Aramco declined to comment on the matter.

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