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Saudi Arabia, United States
US/Iran crisis: tensions emerge over Aramco crude pipeline expansion

LogoSubscribers only By Michael Sweeney
2 min read Lire en français

Oil tanks at Saudi Aramco oil facility in Abqaiq.
Oil tanks at Saudi Aramco oil facility in Abqaiq. © Maxim Shemetov/Reuters

Saudi Aramco has been speaking to Western lenders, including Citibank, over the expansion of the East-West crude oil pipeline. But sources have said talks stalled over who takes on the increased "war-risk" in the region.

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