Saudi cancels some oil cargoes after pipeline hit, top buyer chasing alternatives
A drone attack shut down a key Saudi Arabian oil pipeline that normally carries crude around the Strait of Hormuz, a critical global shipping route. The attack is blamed on Iran-backed militias, and the pipeline will remain offline for weeks during repairs. With this major route blocked and threats to shipping in the Red Sea rising, global oil prices have climbed. Saudi Arabia is now selling crude oil directly from ports near the Strait of Hormuz and canceling some shipments to Europe, while buyers like Japan are searching for alternative oil sources.
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The story so far
10 developments- Sep 11Saudi Arabia shuts East-West crude oil pipeline after multiple attacks
- Sep 12Iraq confirms Saudi pipeline attacks originated from its territory, and other Mideast news
- Sep 14Only center coverage:Saudi pipeline hit by drones will be out of service for weeks, further restricting oil flow
- Sep 14Closure of Saudi pipeline sends crude oil, pump prices soaring
- Sep 16Saudi Arabia Pivots to Spot Oil Sales After Key Pipeline Goes Offline
Who covered each development
No new developments
Quiet for 13 daysLast development · Sep 16 — Saudi Arabia Pivots to Spot Oil Sales After Key Pipeline Goes Offline
The bigger story
Left
11 viewpointsCenter
29 viewpointsWhat the closure of Saudi Arabia’s East-West pipeline could mean for oil flows
Right
16 viewpointsUS Energy Secretary: Saudi Pipeline Could Be Back in Service Within Days
Saudi Aramco Scraps Europe Crude Loads as Vital Pipeline Stays Offline
Other outlets
International, entertainment and tech outlets, by their rating. Not counted in the bar above. How we count coverage
Left
14 articlesUS energy chief says Saudi Arabia oil pipeline should be back online within days
Saudi cancels some oil cargoes after pipeline hit, top buyer chasing alternatives
Center
0 articlesNone
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