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00:02Saudi Arabia restarted its east-west pipeline on Tuesday and could resume crude exports
00:06from the Red Sea port of Yanbu later in the day, according to Reuters.
00:10Drone attacks shut Saudi Arabia's east-west pipeline on September 13, stopping crude loadings
00:15at the Yanbu port.
00:16The pipeline had been rerouting around 4 million barrels per day around disruptions in the
00:20Strait of Hormuz.
00:21Its restart helped drive selling in global oil markets, with Brent crude futures falling
00:26more than $2 a barrel to their lowest level since September 8.
00:30Saudi Arabia has been using the east-west pipeline to reroute about 4 million barrels per day
00:35to Yanbu amid disruptions to oil flows through the Strait of Hormuz.
00:39The pipeline was operating at a low rate after restarting.
00:42Saudi Aramco is seeking to restore flows to 4 million barrels per day, though a full resumption
00:47could take weeks.
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