Aramco begins expansion of oil export route bypassing Hormuz
AI Summary
Saudi Aramco is expanding the East-West Pipeline to increase its capacity to as much as 10 million barrels of crude per day. The route is intended to move oil to export terminals while bypassing the Strait of Hormuz.
The kingdom plans to expand the East-West Pipeline’s capacity to carry crude to as much as 10 million barrels per day.
Politics Commodities Energy Shipping Saudi Aramco East-West Pipeline crude oil export capacity Strait of Hormuz energy infrastructure