Saudi Arabia's East-West Pipeline Resumes Operations Amid Ongoing Disruptions
Saudi Arabia's East-West Pipeline is back in operation after being shut down by a drone attack earlier this month, but crude tanker loadings have yet to resume. The pipeline, which runs to the Red Sea export hub of Yanbu, has been building up volumes of crude oil, with some heading into Saudi Arabia's refineries on the Red Sea coast.
Industry sources and satellite imagery confirm that operations on the pipeline resumed this week, adding to hopes of increased oil flows from the Middle East. However, loading schedules for tankers have yet to be met, with some reports suggesting it may take longer than expected for shipments to resume.