East-West Oil Pipeline Restarted in Saudi Arabia
Saudi Arabia has restarted operations at its East-West Pipeline after a shutdown due to drone attacks. The pipeline was pumping crude oil at a low rate, according to sources.
The restart comes as Saudi Arabia aims to resume exports from the Red Sea port of Yanbu later on Tuesday. However, it is unclear what impact this will have on global oil markets.
Drone attacks forced Saudi Arabia to shut its East-West Pipeline on September 13, halting crude loadings at the kingdom's Yanbu port.