Story
Saudi Arabia Restarts East-West Pipeline, Prepares to Resume Yanbu Exports

Summary
The key pipeline, shut down by drone attacks on Sept. 13, has resumed operations at a low rate, with crude loadings from the Red Sea port of Yanbu potentially restarting soon, according to sources.
Saudi Arabia has restarted operations at its critical East-West Pipeline, which was shut down earlier this month following drone attacks. The move paves the way for the resumption of crude oil exports from the Red Sea port of Yanbu, according to three sources briefed on the matter who spoke with Reuters.
Operational Status
The pipeline resumed pumping on Tuesday, though initially at a low rate, two of the sources said. They added that crude exports from the Yanbu terminal could restart later the same day.
State-owned energy giant Saudi Aramco did not immediately respond to a request for official comment on the pipeline's status. The information comes from sources familiar with the operations.
AdContext and Market Impact
The restart marks a significant step in restoring Saudi Arabia's full export capacity. The East-West Pipeline was forced to shut down on September 13 after drone attacks, which immediately halted all crude loadings at the Yanbu port.
The pipeline is a strategic piece of infrastructure, allowing the kingdom to transport crude from its eastern oilfields to the Red Sea. This provides an alternative export route that bypasses the Strait of Hormuz, a key chokepoint for global oil shipments. A return to normal operations at Yanbu is a closely watched development for global energy markets, as it helps restore stability to supply chains.
Read next
More on Commodities
Iran Offers to Reopen Strait of Hormuz in Exchange for US De-escalation
A senior Iranian official stated that Tehran could reopen the vital Strait of Hormuz within a week if the U.S. eases military pressure and lifts its blockade on Iranian ports, according to a Reuters report.

Russia Confirms Diplomatic Talks on Turkey's Black Sea Grain Plan
Russia's Kremlin has confirmed ongoing diplomatic discussions with Turkey about a new proposal for safe grain passage in the Black Sea, a key development for volatile global commodity markets.

Meta's AI Launch Fuels Tech Rally as Oil Prices Fall Below $100
Technology stocks surged, led by an over 11% jump in Meta Platforms, following the launch of its new AI assistant. Concurrently, oil prices retreated on signs of easing geopolitical tensions in the Middle East.

European Natural Gas Prices Rebound as Traders Reassess US-Iran Diplomatic Hopes
European and UK natural gas futures recovered modestly on Tuesday after a steep sell-off, as markets tempered initial optimism over potential US-Iran talks at the UN General Assembly.