Petroline Shutdown: 4-5% Global Supply Zeroed, European Thermal Shock
crude-oil-supplyOn September 22, 2026, the East-West Petroline pipeline in Saudi Arabia was shut down due to drone attacks, halting 4-5 million barrels per day of crude oil supply, equivalent to 4-5% of global supply. This disruption forced a reconfiguration of physical flows, increasing transit times and insurance costs, and causing immediate price spikes in European energy markets.
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