BREAKING:
🇸🇦 Saudi Arabia fully restores East-West oil pipeline, bypassing the Strait of Hormuz and pumping 7,000,000 barrels per day.
Saudi Arabia says it needs no more strait of Hormuz. pic.twitter.com/qnIYu3pURG
— World Affairs (@World_Affairs11) April 12, 2026
The myth of the Strait of Hormuz closure.
80% (16.25M bpd) of the 20M barrels per day supply of the Strait of Hormuz has already been replaced or been rerouted.
🇸🇦 7M: Saudi Reroute
📈 4.25M: Pre-War Surplus
🇨🇳 2M: China Safe-Passage
🇦🇪 1.5M: UAE ADCOP reroute
🇮🇷 1M: Iran Jask…— James Bull (@thejbullmarket) April 12, 2026