πΈπ¦ Bloomberg: Saudi Arabia is considering expanding its oil pipeline capacity up to 10 million barrels per day, and strengthening its ability to transport crude oil throughout the kingdom.
The plans will increase the capacity of the East-West Pipeline, which carries oil from production facilities in the eastern province to the Red Sea port of Yanbu.
Expanding the network will allow Saudi Arabia to export more crude oil without relying on the Strait of Hormuz, which has faced repeated disruptions during the regional conflict.