Saudi Arabia to boost pipeline capacity 40% to bypass Hormuz

Saudi Arabia plans to raise pipeline capacity from 7 million to 10 million barrels per day within 2-3 years to bypass the Strait of Hormuz amid ongoing Middle East conflict. Aramco could add 1.2 million barrels/day within weeks using existing gas pipelines. Saudi Energy Minister Prince Abdulaziz also revealed talks with Kuwait on international export partnerships.