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Saudi Arabia plans to restart East-West pipeline at half capacity
Saudi Arabia is working to resume operation of the East-West oil pipeline, which was halted last week due to a drone attack. The pipeline is expected to be fully operational within approximately six weeks, as Aramco is repairing the damaged section. The pipeline is one of the most important arteries for Saudi oil exports and is used to bypass the Strait of Hormuz, exporting around 4 million barrels per day. After the stoppage, Saudi Arabia increased its oil sales outside the Strait to compensate, which led to a rise in regional oil prices.
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