TREE NEWS reports: Saudi Arabia is seeking to further increase oil shipments through the Strait of Hormuz after an attack halted a key alternative pipeline bypassing the strait, a person familiar said. Saudi Aramco raised total crude exports to nearly 4 million barrels per day in early September, about 1 million of it via Hormuz and the rest through the Red Sea port of Yanbu. Vortexa and Kpler tanker-tracking data show Saudi August crude exports fell to about 3 million bpd, the lowest in at least nine years. The kingdom shut the East-West pipeline last week.
Saudi Arabia seeks to boost crude exports through Strait of Hormuz
AI take
The shutdown of the East-West pipeline removes Saudi Arabia's main hedge against Hormuz disruption, concentrating export risk in a single chokepoint at a moment when August volumes already touched multi-year lows. This matters most for Asian refiners dependent on Saudi grades and for insurers pricing war-risk premiums on Gulf transit. Whether the kingdom can sustain the early-September rebound without the bypass line — and how quickly the pipeline returns — is the open question.
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