Which European refiners are receiving full contractual crude volumes from Saudi Aramco in September, and where will the deliveries originate?

Saudi Aramco has notified at least three European refiners that they will receive all the barrels they requested for September; two of them will lift crude from Egypt’s Mediterranean port of Sidi Kerir, while the third has been given an option to take supplies from either Sidi Kerir, Saudi Arabia’s Red Sea port of Yanbu, or via ship-to-ship transfer from Malta.

Why is Saudi Aramco’s decision to allocate full volumes to European refiners significant amid current geopolitical disruptions?

The full allocations provide critical relief to European refiners facing severe supply constraints due to ongoing disruptions in the Strait of Hormuz and the Red Sea, compounded by recent sharp curtailments of CPC Blend shipments following drone attacks in the Black Sea — a key crude source for the region.

Saudi Aramco Allocates Full Oil Volumes to Three European Refiners

Aug 19, 2026

Saudi Aramco confirmed full crude oil allocations to at least three European refiners for September, easing supply concerns amid Red Sea disruptions. The decision stabilizes supply chains despite geopolitical tensions impacting key export routes like the Strait of Hormuz.

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