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Saudi Arabia plans to restore half of East-West Line's capacity soon
Saudi Arabia is aiming to restart the entire East-West pipeline within approximately six weeks, after it was halted last week due to drone attacks carried out by militias on energy and infrastructure facilities along its western coast. The resumption of the pipeline, which has a capacity of 7 million barrels per day and extends across the Arabian Peninsula, seeks to mitigate the impact of its stoppage on oil exports, which fell to around 3 million barrels per day in August—its lowest level in nine years. The pipeline is also a vital artery during the Iran war, helping Saudi Arabia bypass the Strait of Hormuz amidst navigation disruptions. The efforts to restore it are taking place amid rising oil prices, with the company redirecting sales to compensate for the lost supplies.
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