Saudi Arabia's East-West Pipeline Restored to Full Capacity After Iran-Related Disruptions
Saudi Arabia has fully restored its East-West pipeline to its peak capacity of 7 million barrels per day after disruptions caused by the conflict with Iran. The restoration coincided with a significant drop in oil prices and a broad relief rally in U.S. stocks following a U.S.-Iran ceasefire and the reopening of the Strait of Hormuz.
Tickers: $KSA
Topics: energy infrastructure Iran conflict market impact oil pipeline Saudi Arabia