Saudi Aramco halts crude supplies to Indian refiners amid Gulf disruptions
- Saudi Aramco stopped supplying crude oil to Indian refiners until further notice, amid wider Gulf region disruptions.
- Saudi Arabia's East-West pipeline was reportedly shut after an attack, limiting crude transport to western ports.
- Brent crude prices surged to around $108 a barrel on Wednesday and continued trading above $105 a barrel.
- Aramco still sells some crude via the spot market, but this offers less supply certainty than term contracts.
Source: chemindigest.com
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