Money
Saudi pipeline pumping 7 million bpd of oil, bypassing Hormuz
Bloomberg News reports that a Saudi pipeline is now pumping 7 million barrels per day, circumventing the Strait of Hormuz.
editorial-staff
1 min read
Updated 13 days ago
Summary
Saudi Arabia has successfully increased its oil production capacity with a new pipeline that is now pumping 7 million barrels per day (bpd).
This infrastructure development is notable as it allows Saudi Arabia to bypass the strategically critical Strait of Hormuz, a key chokepoint for global oil shipments.
The implications of this capacity increase could reshape global oil market dynamics, potentially reducing vulnerability to geopolitical tensions in the region.
Key Facts
| Fact | Value |
|---|---|
| Primary source | Reuters Energy |
| Source count | 2 |
| First published | 2026-03-28T16:32:01.000Z |
Updates
Update at 23:51 UTC on 2026-03-28
Oil & Gas reported Saudi pipeline achieves significant milestone in oil transportation.
Sources: Oil & Gas
Sources
- Reuters Energy: https://news.google.com/rss/articles/CBMizAFBVV95cUxNcWJ0OVRkeFU4MTZXUlBGNk5RSmc4SklMVE5ZOUFUUk9SUW9TRUZEMG1iclJPYkplR2lJdUYwZkRQZ04wMXZUWmptVmNwb3E3MnF2dnMxekUxbEJSQ1NQazREUmdkZnktQUtZYzZXMUlYOF9GWUI2SXBUOExuX3pZR1NoRTg1VkNMYlVPWlJjYWI5dEJESFpaSHQybE56QlYzQ2ktRmVuMEw5Rkl1YmpNMDZ2dHpOMEpjOFVNWDExUm1zSUxLRFJLR3duZHk?oc=5
- Oil & Gas: https://news.google.com/rss/articles/CBMivAFBVV95cUxQby1oTngxaU84V2pZX3cyWlQxTEJFYzVKa3lha2pFTzNTc3lmcXJ1S1VpS3Rzay10WDlPa0htVDc5Z3ZvTDBEc1FQWHZCUWRaTlZBRUNmZUwwRnpreGZyN0JXZllDRWZwTmtRSUJQbWFGRExMSE1ienJjTndVeTlTWEZPamYtVEVWdWdocWVsS0VUeUV5ZFBFdGNTM3ZXYTBzT0pqYl9pdl9DWVV3UHJuLTA2M3B2SmQ2X2x0Yw?oc=5