Saudi Aramco stops crude supplies to Indian refiners after pipeline attack; replacement barrels available, but oil is at over $100 and freight costs are set to rise
Oil prices have risen sharply since the pipeline was shut, with Brent futures trading at around $108 a barrel earlier this week. India’s crude oil imports from Saudi Arabia have been hit after a pipeline in the Middle East country was shut following attacks from the Houthis. Saudi Aramco has reportedly told Indian refiners that […]
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