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Saudi Aramco has told several European refiners it will not supply crude oil in October following an attack on a key East-West pipeline. The move cuts Europe off from Saudi crude for the month as tanker traffic through the Strait of Hormuz slumps. The disruption has forced Saudi Arabia to seek new oil export routes. The affected refineries will receive no oil from Aramco in October, according to reports.
by WorldBrief & Maksim Micheliov | AI-generated summary