Saudi Arabia pivots to Hormuz for 100M barrels as East-West pipeline offline

Saudi Arabia has sold nearly 100 million barrels of crude to Asian buyers for October and November delivery via the Strait of Hormuz, after the East-West pipeline to the Red Sea went out of service. The volume equals roughly one day of global oil demand, marking a significant logistical shift that increases reliance on the Hormuz chokepoint. The pipeline outage and pivot raise supply-chain risk and could affect global oil flows if Hormuz is disrupted.