“Saudi Arabia was the fastest-growing of any major oil supplier to the EU in the third quarter, with a 9.1% market share of imports of the commodity, compared with 5.1% on average last year, according to Eurostat. Saudi shipments to Egypt, most of which are re-exported to Europe through the Suez Canal, neared 1 million barrels a day in November, up from 600,000 barrels a day in October and 866,000 barrels a day a year earlier.” 

Russia’s Oil Ban Accelerates Shift in Global Energy Flows [Wall Street Journal]