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NEW YORK (Reuters) -U.S. retail gasoline prices hit seven-year highs on Monday and many filling stations in the Southeast were still without fuel as the region slowly recovers from a cyberattack on the nation’s largest fuel pipeline.
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Last week’s closure of Colonial Pipeline’s 5,500-mile (8,900-km) system was the most disruptive cyberattack on record, preventing millions of barrels of gasoline, diesel and jet fuel from flowing to the East Coast from the Gulf Coast. That alarmed drivers, who took to gas stations to fill tanks and jerry cans.
Last week more than 15,000 gas stations were without fuel. Some stations have since been supplied, with Colonial once again operating. On Monday, 11,667 stations were without fuel, down from 12,466 stations the previous day, according to tracking firm GasBuddy.
Widespread gasoline shortages along the U.S. East Coast began to ease slightly on Saturday as the nation's biggest fuel pipeline ramped up operations following last week's cyberattack, and ships and trucks were deployed to fill up dry storage tanks.
Motorists in southeast U.S. states on Saturday continued to hunt for fuel as a massive replenishment effort took hold, helping ease shortages from a cyberattack that cut supplies from Florida to New Jersey.
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TOKYO/PARIS (Reuters) -A Toshiba Corp unit said it was hacked by the DarkSide ransomware group, overshadowing an announcement of a strategic review for the Japanese conglomerate under pressure from activist shareholders to seek out suitors.
Toshiba Tec Corp, which makes products such as bar code printers and is valued at $2.3 billion, was hacked by DarkSide - the group widely believed to be behind the recent Colonial Pipeline attack, its French subsidiary said.
It added, however, that only a minimal amount of work data had been lost.
“There are around 30 groups within DarkSide that are attempting to hack companies all the time, and they succeeded this time with Toshiba,” said Takashi Yoshikawa, a senior malware analyst at Mitsui Bussan Secure Directions.
Oil prices rose on Friday, reversing some of the previous day's sharp losses as stock markets strengthened and the U.S. dollar slipped, though gains were capped by the coronavirus situation in major oil consumer India.