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Saudi crude oil news and market signals

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Saudi Aramco Restores East-West Pipeline, Easing Supply Fears
EnergyBasic

Saudi Aramco Restores East-West Pipeline, Easing Supply Fears

Saudi Aramco has reportedly restarted its critical East-West pipeline (Petroline) following recent attacks, a move that could alleviate immediate concerns over global crude oil supply. While flows are currently at reduced rates, the restoration signals a step towards normalizing exports that were rerouted around the Strait of Hormuz.

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