Brief by Shorts91 Newsdesk / 12:45pm on 17 Sep 2026,Thursday India
Saudi Aramco has stopped supplying crude to Indian refiners until further notice after attacks forced the shutdown of Saudi Arabia’s critical East-West pipeline. The disruption has cut off both Red Sea and already-limited Strait of Hormuz supplies, with Saudi crude accounting for about 9% of India’s imports since the war began. Indian refiners are expected to secure alternative crude, but at higher costs because global oil prices, tanker freight rates and spot-market premiums have risen. Aramco has sold some spot cargoes to traders for limited deliveries to India. Prolonged disruption could increase India’s crude import bill and pressure refining margins. (PC: IANS)
