Saudi Arabia reportedly cancels September 2026 oil cargoes to Europe after pipeline shutdown
A post reports Forties crude trading $15 a barrel above Dated Brent on September 15, up from $0.50 in early September, as some refiners seek to replace lost Saudi supply.
TLDR
A September 15, 2026 post says Saudi Arabia is reportedly canceling September oil cargoes to Europe after drone attacks shut its East-West pipeline. It says disruptions could extend into October and cites AP sources estimating repairs could take three to five weeks. The post describes the pipeline as a route to the Red Sea that bypasses the severely restricted Strait of Hormuz. A separate post reports surging physical oil prices in the North Sea and Mediterranean as some refiners seek to replace lost Saudi supply, with Forties crude trading $15 a barrel above Dated Brent versus $0.50 in early September.
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