Brief by Shorts91 Newsdesk / 09:53am on 17 Sep 2026,Thursday India Global
Saudi Aramco has stopped supplying crude oil to some Indian refiners until further notice, the Economic Times reported, citing people familiar with the matter. The halt comes as global crude prices surge past $105 a barrel, adding pressure on Indian refiners already facing higher shipping costs and supply disruptions. Saudi Arabia's East-West pipeline was reportedly shut after an attack, while discounts on Russian crude have narrowed, reducing its price advantage for India. Aramco continues selling some cargoes in the spot market, meaning limited Saudi crude may still reach India, though supply will likely be less predictable and costlier. (PC: News18)