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Commodities

Aramco Eyes Pipeline Expansion Amid War Disruptions

Guavy AI Editorial Team
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Oil
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Saudi Aramco is exploring options to boost its oil export capacity amid disruptions caused by the Iran war. The conflict has forced the company to divert most of its exports through the western port of Yanbu, instead of the usual route through the Strait of Hormuz.

The CEO, Amin Nasser, mentioned that the company is considering increasing the size of the east-west pipeline, which has proven crucial during the war. This pipeline has been a vital lifeline for both Saudi Arabia and the global oil market.

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