Breaking: Saudi Aramco Has Cancelled All Of Its September European Crude Oil Allocations And Is Scrapping Every Cargo Slated For Late-September Loading Onward, With A European Lifter Saying No Saudi Oil Cargoes At All Until November, Per Initial Reports Citing Oil Trading Firm Onyx And Market Sources.

That takes the world's largest exporter out of the European market for the rest of September and all of October, a de facto force majeure on Saudi crude to Europe from the 3rd largest energy producer in the world.

🔗SOURCE ➡️ The Hormuz Letter

Related: 9/15 — Saudi Arabia Has Informed Its European Customers That Late-September Crude Oil Cargoes Will Be Cancelled, Due To The East-West Pipeline Being Shut After Last Week's Attacks And Yemen's Houthis Taking Over The Entire Red Sea Coast, Per Three Sources To Reuters.

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