The people, companies and trends shaping the global economy. Watch Carol and Tim LIVE every day on YouTube: http://bit.ly/3vTiACF Saudi Aramco told at least two oil refining customers in Europe that they will be allocated no crude next month under long-term agreements after the kingdom’s key pipeline to the Red Sea was attacked, people informed of the decision said. European customers normally receive Saudi Arabian crude on so-called term contracts, ensuring a steady flow of supply every month. Those deliveries will not take place next month, the people said, asking not to be identified because the information isn’t public. The decision applies to all European buyers, they said. Saudi Aramco declined to comment. The absence of Saudi flows next month will heighten the need for European buyers to secure replacements. On today's episode: Rob Barnett, Bloomberg Intelligence Senior Energy Analyst Eric Martin, Bloomberg News State Department & Foreign Policy Reporter Randi Weingarten, American Federation of Teachers President Nick Pappas, NFL Director of Field Operations Chapters: 00:00:24 - Rob Barnett, Bloomberg Intelligence Senior Energy Analyst 00:05:45 - Eric Martin, Bloomberg News State Department & Foreign Policy Reporter 00:17:20 - Randi Weingarten, American Federation of Teachers President 00:26:28 - Nick Pappas, NFL Director of Field Operations -------- Get more on the Bloomberg Businessweek Podcast On Apple: http://bit.ly/3IPl60i On Spotify: http://bit.ly/3WGFd6B Anywhere: http://bit.ly/42xo9kZ Follow us on X: https://twitter.com/BloombergRadio Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: https://apple.co/486mghI Android Auto: https://bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: https://www.youtube.com/bloombergpodcasts Bloomberg Television: https://www.youtube.com/@markets Bloomberg Originals: https://www.youtube.com/bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake