Dwindling alternatives. Saudi Arabia cut oil supplies to Europe after drone attacks – which Riyadh blamed on Iraqi armed groups – damaged the East-West export pipeline to the Red Sea. Major customers such as Poland were forced to urgently seek alternative supplies, and cargo prices in Europe’s physical market surged above $120 per barrel. Reduced Saudi […]
- Analysis
- Regional Directory
- Asia Pacific
- Daily Memo
- Eurasia
- Europe
- Middle East and North Africa
- Sub-Saharan Africa
- United States
Daily Memo: Saudi Oil Supplies to Europe Disrupted
Europe is scrambling to find replacement supplies.
The World Explained in Maps