Saudi pipeline pumping 7 million bpd of oil, bypassing Hormuz, Bloomberg News reports

Wait 5 sec.

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.