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Saudi signals East-West pipeline reopening; oil drops to $98
Financial Times·SA·about 7 hours ago
Saudi Arabia has resumed flow through its East-West pipeline, which bypasses the Strait of Hormuz, but at a low rate. Aramco is working toward restoring the line's roughly 4 million bpd capacity, a process that could take weeks. The partial restart provides an alternative export route and may ease some supply concerns, though the timeline for full capacity remains uncertain.
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