Saudi Arabia has increased oil shipments through the Persian Gulf, shifting exports toward the Strait of Hormuz. Market participants view this move as a potential signal that the kingdom is preparing to resume operations at the East-West Oil Pipeline.
Prediction markets currently show mixed sentiment regarding the timeline for a potential restart. The probability of the pipeline becoming operational by September 30 is priced at 31.5 percent, a decrease from 34 percent recorded 24 hours earlier.
Expectations are higher for a restart by November 1, with current market pricing indicating a 76.5 percent probability. This suggests that while immediate resumption is considered unlikely, there is growing confidence in a restart by the end of October.
To date, Saudi officials, including Prince Abdulaziz bin Salman Al Saud and Saudi Aramco leadership, have issued no official statements regarding the pipeline status. Future developments remain contingent on official communications and regional geopolitical shifts.
