U.S. fuel supplies tighten as pipeline outage drags on


Supplies of gasoline tightened further in parts of the United States on Tuesday as the nation’s biggest fuel pipeline was shut down for a fifth day after an attack by hackers, raising concerns about price spikes ahead of the Memorial Day holiday, APA reports quoting Reuters.

Colonial Pipeline said it was working toward a substantial restart of operations by the end of this week after a cyberattack forced it to cease operations on Friday, choking off nearly half of the East Coast’s fuel supply and underscoring the vulnerability of U.S. energy infrastructure to hackers.

Colonial’s website was down early on Tuesday, which the Alpharetta, Georgia-based company said was a “temporary service disruption” unrelated to the ransomware.