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Saudi East-West Pipeline Could Restart Within Days, Easing Oil Supply Fears
U.S. Energy Secretary Chris Wright stated that Saudi Arabia’s critical East-West Pipeline, which previously moved 4-5 million barrels per day (roughly 4-5% of global supply), could resume crude flows within days. A rapid restart could ease supply fears and remove some of the geopolitical risk premium supporting oil prices.
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Source：X@DeItaone · Source Link
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