Saudi oil disruption FORCES buyers to search for alternative supplies

• Saudi Arabia's East-West pipeline is shut down after drone strikes, impacting 7 million barrels per day capacity and leading to oil shipment cancellations to Europe.
• U.S. national average diesel prices have hit a record high of $6.27 per gallon, with global prices for diesel products reaching $210-225 per barrel.
• Lawmakers are considering a diesel export ban to alleviate domestic prices, but an energy advisor warns this could be 'extremely bad policy' for U.S. refineries and international allies.

Saudi Arabia's East-West pipeline shutdown, caused by drone strikes, has led to significant oil shipment cancellations to Europe and rising crude and diesel prices. While the U.S. is pursuing energy deals to bolster supply, lawmakers are considering a diesel export ban, a move an energy advisor warns could be detrimental to U.S. refineries and international allies.