Hormuz Strait blockade, oil transportation nearly halted - Saudi Arabia immediately activates East-West pipeline + Yanbu Red Sea port backup plan:



- 25 mega tankers gathering at Yanbu with full capacity of 50 million barrels

- East-West pipeline ramped up to 7 million barrels/day within days, nearly covering all Saudi export volumes

- Yanbu port loaded 2.2 million barrels/day in first 9 days of March, 3 times that of February#Gate2月衍生品市场份额创新高
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