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Saudi Arabia Restores Oil Flows via East-West Pipeline
Saudi Arabia has resumed oil exports via the East-West pipeline after repairing the damage sustained by three pumping stations, which caused the line to be shut down for 17 days. The outage had impacted oil flows headed to the Yanbu port, prompting the kingdom to direct part of the supplies through Gulf Arab ports. The pipeline is of strategic importance for transporting oil from the eastern part of the country to the Red Sea and provides an alternative route to the Strait of Hormuz. The line traditionally transports about 4 million barrels per day, with a design capacity of around 7 million barrels, and restoring full capacity is expected to take several weeks. Saudi Arabia is now rerouting its oil flows through Yanbu amid global market monitoring of security concerns related to energy supplies in the region. The restart may help improve the resilience of exports and reduce pressures on global supplies.
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