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Economy

Saudi Arabia cancels European oil deliveries after pipeline blast

Saudi Arabia cancelled some oil deliveries to Europe after attacks shut its East-West export pipeline to the Red Sea, Al Jazeera reports. The available RSS description does not state how much supply was affected, identify the attackers, describe damage to the pipeline or give a timetable for restoring flows.

Why it matters

Disrupted Saudi exports could tighten European supply and transmit the region's conflict into global energy prices and shipping patterns.

Sources

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