Saudi East-West Pipeline Nears Half-Capacity Recovery
Saudi Arabia plans to return its East-West pipeline to about half of its capacity within days, according to Bloomberg. The move comes after a recent attack on the pipeline forced Saudi Aramco to inform European term lifters of force majeure notifications.
The pipeline's reduced capacity will still allow for significant oil flow, and the move is seen as an effort to mitigate the impact of the attack on global energy supplies.