Saudi Arabia resumes East-West pipeline ops after drone strike damage; 4M bpd capacity

INTELLIGENCE SUMMARY

BREAKING: Saudi Arabia has resumed operations on its East-West oil pipeline, which carries crude to Yanbu on the Red Sea coast and bypasses the Strait of Hormuz – Reuters The pipeline was damaged by a drone strike weeks ago. The pipeline can transport 4 million barrels of oil per day to Yanbu, equal to about 4% of global oil supply.