Saudi pipeline that bypasses Strait of Hormuz hits 7-million-barrel goal

(Al Arabiya) Saudi Arabia’s crucial East-West pipeline that circumvents the Strait of Hormuz is pumping oil at its full capacity of 7 million barrels a day, according to a person familiar with the matter. Saudi Arabia has rolled out the contingency plan to boost exports through the pipeline to the Red Sea, as the effective closure of the strait due to the Middle East conflict has choked off Gulf oil producers’ main exit route. –Saudi pipeline that bypasses Strait of Hormuz hits 7-million-barrel goal