Saudi oil shipments to Egypt halted indefinitely, Egyptian
Saudi Arabia has informed Egypt that shipments of oil products expected under a $23 billion aid deal have been halted indefinitely, suggesting
Saudi Arabia agreed to provide Egypt with 700,000 tonnes of refined oil products per month for five years under a $23 billion deal between Saudi Aramco and the Egyptian General Petroleum
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Egypt has officially announced that Saudi Arabia has indefinitely halted shipments of oil products that were part of a $23-billion aid deal with the country. Following a visit by Saudi Arabia's King Salman bin Abdulaziz Al Saud to Egypt in April, Riyadh agreed to supply Cairo with 700,000 tons of refined oil products per month for the next five years but the shipments stopped early in October.
Iranian crude to replace Saudi oil in Egypt Tehran Times
The surprise move is seen as de-escalation in relations between Saudi and Egypt after Cairo voting in favor of a Russian-drafted resolution in Syria, which Saudi Arabia strongly opposed. Saudi had supported a French draft bill that demanded an end to airstrikes on opposition-held areas of Aleppo
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