Saudi Arabia Restarts East-West Pipeline Oil Exports from Yanbu

The 1,200-kilometer pipeline, which carries around 4 million barrels per day from eastern fields to Yanbu as an alternative to the Strait of Hormuz, was damaged by drone strikes but has now been repaired and tested by Saudi Aramco. Exports have resumed, according to Bloomberg and sources with direct knowledge.

Oil prices climbed on the news, with Brent crude up 3.52% to $107.95 and NYMEX crude up 3.60% to $95.69, reflecting persistent geopolitical risks amid some questions about the restart's full scale.