Saudi Arabia restarts East-West oil flow

Saudi Arabia has resumed pumping oil through the East-West Pipeline after it was halted due to drone attacks on September 13, which caused a suspension of exports from the Red Sea port of Yanbu. The pipeline, which extends approximately 1,200 kilometers and has a capacity of up to 7 million barrels per day, connects oil facilities in Biqāʿ in the east of the kingdom to export facilities in Yanbu in the west, and helps reduce dependence on the Strait of Hormuz. Despite the stoppage of supplies, actual flows remain below maximum capacity, with some companies estimating Yanbu’s loadings at around 2.9 to 3.7 million barrels per day in September, with expectations to resume full-capacity oil exports soon.

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