Aramco Exploring Expansion of East-West Pipeline That Avoids Hormuz

(Reuters) – Saudi state oil giant Aramco is exploring the expansion of a crude pipeline that circumvents the Strait of Hormuz as the world continues to experience the biggest energy supply shock in history, CEO Amin Nasser said on Tuesday. The effective blockade of the chokepoint, previously a conduit for 20% of global oil supplies, … Read more