SAUDI OIL EXPORTS PIVOT EAST Damage to Saudi Arabia’s East-West Pipeline could cut Yanbu exports by 2.5–2.7 million bpd for up to six weeks…
SAUDI OIL EXPORTS PIVOT EAST
Damage to Saudi Arabia’s East-West Pipeline could cut Yanbu exports by 2.5–2.7 million bpd for up to six weeks, according to Kpler.
Saudi Arabia can redirect roughly 3 million bpd through Ras Tanura, but that increases reliance on the Strait of Hormuz.
Market angle: greater Hormuz exposure keeps geopolitical risk elevated and supports Dubai crude differentials.