Saudi Arabia Says East-West Pipeline Restored to Full Capacity
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 the near total shutdown of the Strait of Hormuz.