⛽ Major update｜Saudi Arabia restarts east-west crude pipeline, Yanbu port to resume oil exports soon!
According to sources familiar with the matter, Saudi Arabia has restarted the east-west oil pipeline. Oil exports from Yanbu Port to the Red Sea are expected to resume by Tuesday evening, although current throughput remains at a relatively low level.
This pipeline is Saudi Arabia’s lifeline that bypasses the Strait of Hormuz. It was previously shut down after an attack, sparking frantic pricing of supply disruption risk in the market and pushing oil prices higher.
📈 Impact on CL (WTI) and BZ (Brent)
• BZ Brent (international seaborne crude): Hit the hardest by Middle East geopolitical news. With the pipeline resuming operations plus signals of Iran releasing negotiation efforts, the geopolitical risk premium is quickly evaporating. In the short term, pressure may ease and prices could fall back; however, the pipeline is not yet operating at full capacity, and conflict risk has not been fully eliminated. After a sharp drop, there may still be support.
• CL WTI (US oil): Less affected than Brent by Middle East developments; more focus will be on US domestic inventories and demand. It should move in line with BZ, but the magnitude of volatility is likely to be smaller, and the Brent–WTI spread is expected to narrow.
Key reminder: This is only a partial restart, not full-capacity operation. The situation remains highly uncertain. If it is attacked again, oil prices could rebound instantly.
💡 The market is currently a tug-of-war between two sets of news:
✅ Positive: Saudi pipeline repairs, and Iran proposes negotiation conditions to open the Strait of Hormuz for 7 days
⚠️ Risk: The US-Iran negotiations may not necessarily be concluded, and fresh conflict could erupt in the Middle East at any time
💬 Interaction: Where do you think this crude pullback will go? Let’s chat in the comments👇 And welcome to follow and join the group for exchanges!
⚠️ Information is for market observation only. Geopolitical conditions are driving extreme price volatility—make sure you manage risk in trading!#伊朗60天不封锁霍尔木兹海峡 #原油 $BZ $CL
According to sources familiar with the matter, Saudi Arabia has restarted the east-west oil pipeline. Oil exports from Yanbu Port to the Red Sea are expected to resume by Tuesday evening, although current throughput remains at a relatively low level.
This pipeline is Saudi Arabia’s lifeline that bypasses the Strait of Hormuz. It was previously shut down after an attack, sparking frantic pricing of supply disruption risk in the market and pushing oil prices higher.
📈 Impact on CL (WTI) and BZ (Brent)
• BZ Brent (international seaborne crude): Hit the hardest by Middle East geopolitical news. With the pipeline resuming operations plus signals of Iran releasing negotiation efforts, the geopolitical risk premium is quickly evaporating. In the short term, pressure may ease and prices could fall back; however, the pipeline is not yet operating at full capacity, and conflict risk has not been fully eliminated. After a sharp drop, there may still be support.
• CL WTI (US oil): Less affected than Brent by Middle East developments; more focus will be on US domestic inventories and demand. It should move in line with BZ, but the magnitude of volatility is likely to be smaller, and the Brent–WTI spread is expected to narrow.
Key reminder: This is only a partial restart, not full-capacity operation. The situation remains highly uncertain. If it is attacked again, oil prices could rebound instantly.
💡 The market is currently a tug-of-war between two sets of news:
✅ Positive: Saudi pipeline repairs, and Iran proposes negotiation conditions to open the Strait of Hormuz for 7 days
⚠️ Risk: The US-Iran negotiations may not necessarily be concluded, and fresh conflict could erupt in the Middle East at any time
💬 Interaction: Where do you think this crude pullback will go? Let’s chat in the comments👇 And welcome to follow and join the group for exchanges!
⚠️ Information is for market observation only. Geopolitical conditions are driving extreme price volatility—make sure you manage risk in trading!#伊朗60天不封锁霍尔木兹海峡 #原油 $BZ $CL