Saudi Arabia Boosts Oil Outputs Through Yanbu Port and East-West Pipeline, Bypassing Strait of Hormuz

In a significant demonstration of energy resilience and strategic foresight, Saudi Arabia has dramatically increased crude oil exports via its Red Sea port of Yanbu and the East-West Pipeline (also known as Petroline). This move effectively circumvents the Strait of Hormuz amid regional disruptions, ensuring continued supply to global markets. The development is excellent news […]

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Saudi Pipeline Hits 7 Million BPD Goal Bypassing the Strait of Hormuz

In a remarkable display of strategic foresight and engineering resilience, Saudi Arabia has ramped its East-West Pipeline—also known as the Petroline—to full capacity of 7 million barrels per day (bpd), fully bypassing the disrupted Strait of Hormuz. This milestone comes at a critical moment. The ongoing Iran conflict has effectively closed the Strait of Hormuz […]

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The IEA Now Thinks Oil Demand Will Keep Rising Until 2050. Energy Reality is Setting In.

In a striking reversal that underscores the enduring grip of fossil fuels on the global economy, the International Energy Agency (IEA) has updated its forecast, now projecting that oil demand will continue to climb until at least 2050. Under its Current Policies Scenario (CPS), the IEA anticipates global oil consumption reaching 113 million barrels per […]

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