March 28 (Reuters) - Saudi Arabia's East-West pipeline,
which circumvents the Strait of Hormuz, is pumping oil at its
full capacity of 7 million barrels a day, Bloomberg News
reported on Saturday, citing a person familiar with the matter.
Crude oil exports from Saudi Arabia's Yanbu port on the Red
Sea have now reached 5 million barrels a day, and the country is
also exporting about 700,000 to 900,000 barrels a day of oil
products, the Bloomberg report said.
Reuters could not immediately verify the report. Saudi
Arabia's Aramco declined to comment.
Aramco CEO Amin Nasser had told reporters earlier in March
on an earnings call that the East-West pipeline was expected to
reach its full capacity of 7 million bpd in the coming days as
customers re-route.
The conflict in the Gulf region, triggered by U.S. and
Israeli attacks on Iran, has unsettled energy and transport
markets and disrupted global shipping.
Iran has effectively closed the Strait of Hormuz, trapping
roughly a fifth of the world's oil and liquefied natural gas
supplies, sending crude oil surging above $100 a barrel.