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Reports indicate that oil exports from the Middle East have regained a significant portion of their flows after the Strait of Hormuz was closed. Approximately 14 million barrels per day have been shipped via pipelines and alternative routes such as the Red Sea and Fujairah. This helped reduce the likelihood of oil prices reaching $200, with companies like Aramco and Mitaal announcing that flows have exceeded 80% of pre-war levels, while maintaining daily market balance between 10 and 14 million barrels. The Saudi "East-West" pipeline has played a central role in the recovery of supply, with export operations resuming after land and air strikes. Additionally, Saudi Arabia and the UAE have increased their use of pipelines to boost exports, contributing to the stabilization of global oil supplies amid ongoing maritime and logistical challenges.
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