Aramco Bypasses Hormuz Crisis with East-West Pipeline
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Insights by Echo AI
Saudi Aramco's CEO Amin Nasser reports a 42% jump in second-quarter profit, attributing it to the company's ability to reroute crude around the Strait of Hormuz via its East-West pipeline. The ongoing geopolitical crisis has cut shipping through the strait to a tenth of pre-conflict levels, causing the biggest supply shock in history. Aramco has benefited from its operational structure and converted the supply route, while also optimizing the flexibility of the East-West pipeline. The company has maintained business continuity and capitalized on its diverse asset base, including storage capacity and export terminals.
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رئيس أرامكو للعربية بيزنس: . استفدنا من البنية التشغيلية للشركة وتحوي...
Saudi Aramco is routing crude around the Strait of Hormuz via its East...
Presidente Aramco dice que el mundo perdió 2.600 millones de barriles...
🔴 وحشت ۱۰۰ میلیونی مدیرعامل آرامکو از بسته ماندن هرمز 🔸مدیرعامل شرکت...
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