"Saudi Arabia's East-West pipeline is pumping oil at its full capacity of 7 million barrels a day, marking a significant technical milestone in its contingency plan."
"The Yanbu route has allowed Saudi Arabia to export about 5 million barrels a day of crude, alongside 700,000 to 900,000 barrels a day of refined products."
"The pipeline only partially offsets the supply hit from the closure of Hormuz, which previously facilitated 15 million barrels a day of crude shipments."
"With Yemen's Houthis entering the war, there are concerns that the Red Sea could become a new front, potentially threatening oil shipping routes."
Saudi Arabia's East-West pipeline is now pumping oil at full capacity of 7 million barrels per day, a key part of its contingency plan after the closure of the Strait of Hormuz. The Yanbu port is receiving redirected tankers, with crude exports reaching about 5 million barrels daily. The pipeline partially offsets the loss from Hormuz, which previously handled 15 million barrels daily. Concerns arise as Yemen's Houthis enter the conflict, potentially threatening shipping routes in the Red Sea.
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