Bloomberg: Aramco will not be able to supply oil to its two European customers next month

Bloomberg: Aramco will not be able to supply oil to its two European customers next month

The Bloomberg news agency, citing knowledgeable sources, reported that the Saudi oil company, Aramco, has informed at least two of its European customers that they will not receive crude oil next month.

European customers usually receive Saudi Arabia's crude oil in the form of fixed-term contracts that guarantee continuous supply.

In this way, European countries should look for alternative sources.

Last Tuesday, several oil and security sources told Reuters that two pumping stations of Saudi Arabia's strategic east-west pipeline were damaged in a ground attack last week, and a specific time for their full repair has not yet been set.

The management of this pipeline, which is about 1,200 kilometers long and runs across the Arabian Peninsula and plays an important role in transporting oil without crossing the Strait of Hormuz, is with Aramco. Saudi authorities have previously said that this pipeline is now derailed after a ground attack by an Iraqi drone.