Saudi Arabia’s crucial East-West pipeline that circumvents the Strait of Hormuz is pumping oil at its full capacity of 7 million barrels a day, according to a person familiar with the matter.
The technical milestone is the culmination of the kingdom’s longstanding contingency plan for keeping its oil flowing after the effective closure of their main export route. Flotillas of tankers have been red...
Saudi Arabia's increased use of the East-West pipeline and the subsequent rerouting of tankers to Yanbu port can be seen as a strategic response to geopolitical tensions that could potentially lead to the closure of the Strait of Hormuz. This move not only highlights Saudi Arabia's historical role as a reliable oil supplier but also underscores its preparedness for such scenarios, which has been built up over several decades. However, concerns remain about the Red Sea becoming a new front in the...