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Saudi Arabia cuts oil shipments to Europe

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Saudi Arabia cuts oil shipments to Europe

Saudi Arabia has cut oil shipments to Europe after drone attacks damaged its key export pipeline to the Red Sea.

Axar.az reports, citing Reuters, that the move has prompted major customers such as Poland to seek alternative supplies as cargo prices climbed above $120 a barrel.

The attacks, which Saudi Arabia has blamed on Iraqi militia, forced the kingdom on Friday to shut its East-West desert oil pipeline, which has spared it from the worst of the impact of the closure of the Strait of Hormuz over the ​last six months.

Date
2026.09.16 / 14:16
Author
Axar.az
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