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AI Financial Intelligence
Professional analysis of central bank decisions

Markets

News
Forex
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Commodities
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Analysis

Fed
ECB
COT
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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.

BreakingCommodities

Aramco Explores East-West Pipeline Expansion to Bypass Strait of Hormuz

First Detected: Nov 3, 2026, 8:00 AM

Last Update: about 3 hours ago

1 update

Event Summary

On Nov. 3, Aramco CEO Amin Nasser said the company is exploring an expansion of its East-West Pipeline to bypass the Strait of Hormuz. The pipeline currently carries up to 7 million barrels per day. Aramco is also considering overseas storage and additional export routes. Its proposed route aims to reach export hubs on the Red Sea, while ADNOC’s project focuses on the Gulf of Oman.

Timeline

Latest developmentabout 16 hours ago

Aramco Targets Raising East-West Pipeline Capacity to 10 Million Barrels a Day

Amin Nasser said expansion work has begun, as the company explores additional export routes and overseas storage capacity to strengthen supply flexibility amid market disruption.

Read the full story

Key facts

Aramco CEO Amin Nasser stated the company is exploring the expansion of the East-West Pipeline to circumvent the Strait of Hormuz.
The pipeline currently carries up to 7 million barrels per day, and the company is considering overseas storage and additional export routes.
Saudi Aramco is exploring the expansion of its East-West Pipeline to bypass the Strait of Hormuz, with a current capacity of up to 7 million barrels per day.
Aramco CEO Amin Nasser stated that the company is considering additional export routes and overseas storage capacity.
Aramco's proposed route aims to reach export hubs on the Red Sea, unlike ADNOC's project which focuses on the Gulf of Oman.