Aramco Ramped East-West Pipeline to Maximum as Hormuz Shipping Crisis Deepened

Saudi Aramco ramped its East-West Pipeline to maximum capacity due to the deepening Hormuz Strait crisis, ensuring continued crude oil exports to global markets. The company acknowledged the vital contribution of oil and gas to energy security and highlighted the significant supply losses linked to the conflict, exceeding 1 billion barrels. Aramco reported increased profits amid the disruption, reflecting the tight market conditions and strategic importance of alternative export routes.