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Saudi Arabia doubled the volume of oil exported from Ras Tanura Port to around 3 million barrels per day during the second week of September, compared to 1.5 million barrels in the first week, with an expectation of continued increase. This followed the closure of the East-West Pipeline (Petroline) due to drone attacks, leading to an increase in oil exports through Ras Tanura and Jebel Ali ports, with total exports reaching approximately 4 million barrels per day—nearly double previous levels. Experts anticipate the pipeline will be restored within a few weeks, although full repairs could take about six weeks, which caused crude prices to rise to their highest levels since May before declining, amid the possibility of the pipeline resuming operations soon.
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