Saudi Arabia suspended crude loadings at its Red Sea port of Yanbu and canceled some late September cargoes for European refiners after drone attacks shut its East-West pipeline. Some physical oil cargoes in Europe topped $130 a barrel, while Brent rose $3 to $108.75. The pipeline had been carrying about 4 million barrels a day to Yanbu, allowing exports to bypass the Strait of Hormuz.

US Energy Secretary Chris Wright said Tuesday that reopening would be “measured in days.” Repair estimates from sources cited by Reuters ranged up to five to six weeks, though partial pumping could resume sooner. Saudi exports continued through eastern terminals, where TankerTrackers reported 8.7 million barrels of crude being loaded Tuesday.

The cost of hiring a very large crude carrier to ship 2 million barrels from the US Gulf Coast to China reached a record $44.8 million Tuesday, up from $39 million a day earlier and $17.8 million before the Iran war began in late February. US average diesel prices reached a record $6.30 a gallon, while gasoline rose to $4.36, as the war and tighter global supplies pushed up fuel costs.