Saudi Arabia restarts East-West oil pipeline, to resume exports from Yanbu, sources say
Aramco is restoring flows to 4 million barrels per day as traders move tankers for renewed Red Sea loadings, sources said.
- On Tuesday, Saudi Arabia restarted its East-West Pipeline after a nine-day shutdown caused by drone attacks, restoring a critical export route bypassing the Strait of Hormuz.
- The pipeline reroutes around 4 million barrels per day—4 per cent of global supply—to Yanbu since the US-Israeli war on Iran disrupted traffic through the Strait of Hormuz.
- Brent crude futures fell more than $2 a barrel to their lowest since September 8, while Saudi Aramco moved tankers to Egypt's Port Said and Sidi Kerir for ship-to-ship transfers.
- Iran claimed it could reopen the Strait of Hormuz in seven days if reaching a diplomatic deal with the US, while Treasury Secretary Scott Bessent threatened to "shut down" Iranian airlines and sanction countries receiving them.
- Aramco seeks to return to full pumping capacity in about six weeks, while President Donald Trump said he remains in a "deciding mode" and "very big things" about the war will take place soon.
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<p>Saudi Arabia restarted an oil pipeline with a capacity of 7 million barrels per day after drone attacks launched the East-West oil pipeline at low power after damaging three pumping stations. Full recovery will last until 8 weeks.</p>
NOS
cedarnews.netThe East-West pipeline in Saudi Arabia is back in operation, news agency Reuters reports, citing sources familiar with the matter. The pipeline was hit by a drone attack nearly two weeks ago and was out of service for repairs. The 1,200-kilometer-long oil pipeline runs from ports on the Persian Gulf in the east straight through the country to refineries on the Red Sea in the west. The pipeline enables Saudi Arabia to bypass the Strait of Hormuz…
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