Saudi Aramco Halts Juaymah LPG Exports After Structural Damage, Shocks Global Energy Markets

| Feb 26, 2026, 01:06:18 PM | TOI.in
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Saudi Aramco has suspended liquefied petroleum gas exports from its Juaymah terminal after part of the propane and butane delivery system collapsed on February 23. While no injuries or leaks were reported, shipments have been cancelled for weeks as damage is assessed. The disruption impacts key Asian buyers including India, China, Japan and South Korea. Markets reacted immediately, with propane futures jumping nearly 5 percent to their highest level since April 2025. Analysts warn even temporary outages at Juaymah can tighten global LPG supply chains.#SaudiAramco #LPG #EnergyMarkets #Propane #Butane #OilAndGas #BreakingNews #AsiaMarkets #IndiaEnergy #ChinaEnergy