The operator of a major U.S. fuel pipeline said Monday it hopes to have services mostly restored by the end of the week as the FBI and administration officials identified the culprits of a ransomware attack as a gang of criminal hackers. The attack stunned the Biden administration and the energy industry.
Colonial Pipeline, which delivers about 45 percent of the fuel consumed on the East Coast, was forced on Saturday to halt operations after revealing an attack that it said had affected some of its systems. On Monday, U.S. officials sought to soothe concerns about price spikes or damage to the economy by stressing that the fuel supply had so far not been disrupted. Colonial Pipeline said it is working toward “substantially restoring operational service” within days (The Associated Press).