CoinMeta data: Saudi oil exports recover, coupled with U.S. oil reserve releases, easing crude supply pressures. International oil prices stabilized after experiencing the largest decline in over a week, as there are signs that Middle Eastern crude supply has returned to near-pre-war levels as Saudi Arabia resumes transporting oil through pipelines that bypass the Strait of Hormuz. Sources revealed that Saudi Arabia has restored the flow through its east-west oil pipelines to at least 3.5 million barrels per day, which is about half of the pipelines' total capacity. Meanwhile, the United States has stated that it will release more crude from its emergency oil reserves, planning to release up to 40 million barrels to address soaring fuel prices. In addition, when OPEC+ major members meet this weekend, they may decide to keep next month's crude production quotas unchanged.