Saudi East-West Pipeline Reaches Full Capacity Amid Hormuz Disruptions

Saudi Arabia’s East-West pipeline is operating at its full capacity of 7 million barrels per day, allowing the country to bypass the Strait of Hormuz amid ongoing regional disruptions. The pipeline provides an alternative route for crude shipments as tensions in the Gulf continue to impact global shipping flows.

Saudi Stock market index gain momentum since the war started;

Rising Oil Exports Through Yanbu Port

Crude exports from Saudi Arabia’s Yanbu port on the Red Sea have reached about 5 million barrels per day. In addition, the country is exporting between 700,000 and 900,000 barrels per day of refined oil products. Earlier in March, Saudi Aramco’s chief executive stated that the pipeline was expected to achieve full capacity as customers redirected shipments.

Gulf Conflict Drives Energy Market Volatility

The conflict in the Gulf region, triggered by U.S. and Israeli strikes on Iran, has unsettled energy and transport markets. Iran has effectively closed the Strait of Hormuz, trapping nearly one-fifth of global oil and liquefied natural gas supplies and pushing crude prices above $105 per barrel.

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