Saudi Arabia restores crucial oil export route following drone strike damage

Sky News Australia2 hours ago0:46

A major route carrying Saudi crude to the Red Sea is back in operation after being damaged by drone strikes. Repairs have allowed shipments to restart through the Kingdom’s East-West pipeline. The network carries oil across Saudi Arabia to the export hub of Yanbu. Its return gives producers another way to move crude to global markets while avoiding the Strait of Hormuz.

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Saudi Arabia restores crucial oil export route following drone strike damage | PiQ Markets