💼 Business 9h ago · Clara Ferreira Marques, Bloomberg

Saudi Arabia says East-West pipeline restored to full capacity

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Saudi Arabia says East-West pipeline restored to full capacity
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Saudi Arabia has restored the full pumping capacity of its East-West pipeline to 7 million barrels a day, rehabilitating a vital link for oil exports via the Red Sea.



A strike last week  — hours after a ceasefire was declared in the Iran war — damaged one of 11 pumping stations along the 746-mile (1,200-kilometer) conduit, reducing throughput by 700,000 barrels a day. Saudi Arabia has quadrupled crude shipments from its Red Sea terminals since the end of February to work around

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