BR100 Increased By (0.2%)
BR30 Increased By (0.41%)
KSE100 Increased By (0.07%)
KSE30 Increased By (0.23%)
AGHA 7.75 Decreased By ▼ -0.17 (-2.15%)
BECO 5.19 Decreased By ▼ -0.01 (-0.19%)
BML 58.66 Decreased By ▼ -0.59 (-1%)
BOP 33.69 Increased By ▲ 0.01 (0.03%)
CNERGY 10.61 Increased By ▲ 0.80 (8.15%)
CSIL 5.30 Decreased By ▼ -0.12 (-2.21%)
FCCL 53.74 Increased By ▲ 0.22 (0.41%)
FFL 16.46 Decreased By ▼ -0.22 (-1.32%)
FNEL 1.22 Increased By ▲ 0.01 (0.83%)
KEL 7.28 Decreased By ▼ -0.07 (-0.95%)
KOSM 5.64 Increased By ▲ 0.03 (0.53%)
LOTCHEM 29.65 Increased By ▲ 0.54 (1.86%)
MLCF 96.36 Increased By ▲ 0.86 (0.9%)
NBP 203.53 Decreased By ▼ -0.82 (-0.4%)
NCPL 56.85 Decreased By ▼ -1.39 (-2.39%)
NPL 67.31 Decreased By ▼ -0.48 (-0.71%)
OGDC 318.22 Increased By ▲ 0.28 (0.09%)
PACE 10.63 Decreased By ▼ -0.08 (-0.75%)
PAEL 41.77 Decreased By ▼ -0.06 (-0.14%)
PIBTL 16.81 Increased By ▲ 0.31 (1.88%)
PPL 220.17 Increased By ▲ 0.43 (0.2%)
PRL 49.05 Increased By ▲ 4.46 (10%)
PTC 70.01 Decreased By ▼ -0.76 (-1.07%)
SSGC 29.14 Increased By ▲ 0.21 (0.73%)
TBL 9.77 Decreased By ▼ -0.07 (-0.71%)
TELE 8.82 Increased By ▲ 0.06 (0.68%)
TPL 17.17 Increased By ▲ 0.72 (4.38%)
TPLP 12.51 Increased By ▲ 0.41 (3.39%)
TREET 22.59 Decreased By ▼ -0.21 (-0.92%)
TRG 60.22 Increased By ▲ 0.19 (0.32%)
By

WASHINGTON: The US pipeline network shut down by a cyber attack said Saturday it has returned to fully "normal operations," easing concerns but not immediately ending gas shortages affecting many Eastern states.

Colonial Pipeline had announced late Thursday that its system was back up and running but said it might take days for the supply delivery chain to return to normal. But on Saturday, the Georgia-based company announced the full return to normal, "delivering millions of gallons per hour to the markets we serve," it said on Twitter.

Washington believes a Russia-based criminal group known as Darkside had targeted the company in a so-called ransomware attack. On Friday, computer servers for Darkside were taken down by unknown actors. Security firm Recorded Future said Darkside had admitted in a web post that it lost access to certain servers, though reportedly only after receiving a $5 million ransom payment from Colonial Pipeline.

Former US Treasury secretary Larry Summers said on CNN that US officials had likely exerted heavy pressure on the Russian leadership to shut down the hackers.

Colonial's temporary shutdown led to panic buying, with frantic motorists from Florida to Maryland lining up at gas stations. The resultant surge in demand sent the national average price above $3 a gallon for the first time since late 2014. Website GasBuddy said 81 percent of stations in Washington remained out of gas on Saturday, though the numbers in several eastern states were much better. Colonial Pipeline operates the largest fuel conduit system in the United States, sending gasoline and jet fuel from the Gulf Coast of Texas to the populous east coast through a pipeline network serving 50 million consumers.

Comments

Comments are closed for this article.