Saudi Arabia has restored roughly half the oil flows through its East-West Pipeline, with Red Sea shipments reaching at least 3.5 million barrels a day as Yanbu loadings resume following drone damage. The route offers a critical alternative to the Strait of Hormuz, where disruptions have constrained regional crude exports. Oil traded above $92 a barrel on Tuesday as separate U.S.-Iran contacts through mediators, including Qatar, continued alongside regional ceasefire efforts. Iranian officials have privately questioned whether an agreement can be reached before the U.S. midterm elections in November. President Donald Trump rejected an Iranian proposal to restore full Hormuz traffic and denied reports that Washington had offered sanctions relief for nuclear concessions.