Saudi Arabia has resumed flows through the East-West pipeline after aerial attacks disrupted Yanbu crude loadings and forced Aramco to reroute exports through Gulf terminals and ship-to-ship transfers. The restart has not normalized global oil logistics: Very Large Crude Carrier (VLCC) freight rates are near record highs amid geopolitical risks and limited long-haul tanker availability, while U.S. diesel inventories are at their lowest levels since records began. A prediction market that earlier assigned an 81% probability to a pipeline restart by September 30 now prices crude reaching a new all-time high by that date at 0.5% YES, while the December 31 contract is at 10.5% YES. The timing and throughput of the pipeline recovery remain unclear, and Gulf security, OPEC production decisions, demand, inventories and energy-agency assessments remain key market factors.