US Energy Secretary Wright says Saudi East-West pipeline damage assessments ongoing, reiterates it will be running soon

Saudi Arabia's critical East-West oil pipeline remains offline after attacks, with the shutdown putting about 4% of global oil supply at risk and threatening Saudi oil exports, according to multiple desk reports. Saudi Aramco is delaying crude deliveries to some European customers, prompting a jump in European crude prices as refiners scramble for replacement cargoes. US Energy Secretary Wright said damage assessments on the pipeline are ongoing and reiterated that it will be running soon; no official Saudi confirmation has been given.

Detected & updated continuously · Source: Nebula