The Saudi Oil Pipeline the World Didn't Know It Needed
2 Articles
2 Articles
The Saudi Oil Pipeline the World Didn't Know It Needed
(Bloomberg) — Saudi Arabia had prepared and planned for the worst-case scenario for decades. So within hours of the first US and Israeli strikes on Iran which resulted in the effective closure of the crucial Strait of Hormuz waterway, the world’s biggest crude exporter rolled out a contingency plan — one that had waited 45 years to come to fruition — to keep its oil flowing.
Saudi Arabia Activates Strategic Pipeline to Bypass Hormuz Disruption Amid Escalating Crisis - Dailynewsegypt
As tensions escalate across the Middle East and the Strait of Hormuz faces effective closure following US and Israeli strikes on Iran, Saudi Arabia has activated a long-standing contingency plan to keep its oil flowing—deploying a decades-old pipeline that is now emerging as a critical lifeline for global energy markets, according to a Bloomberg report. At the center of this response is the East-West pipeline, a 1,200-kilometer network linking S…
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