The record
Written from the 1 report below. Nothing here is unsourced.
- Saudi Aramco has suspended crude oil supplies to Indian and European refiners after the East-West pipeline was damaged by drone strikes.
- The pipeline, which carries up to 7 million barrels per day, was shut after drones allegedly launched by the Houthis hit two pumping stations.
- Aramco, which has supplied about 9% of India's crude imports since the war began, has stopped supplies through both the Red Sea and the Strait of Hormuz.
- Indian refiners can secure alternative supplies, but the barrels are likely to cost more per barrel, squeezing margins at state fuel retailers already selling fuel below cost.
- The shutdown matters because estimates project it could last up to six weeks, threatening India's oil supplies for November and beyond.
What to watch next
- Duration of the East-West pipeline shutdown, with damage estimates projected at up to six weeks.
- How Indian refiners arrange November and later crude requirements, currently facing the biggest supply uncertainty in months.
- Whether Aramco resumes term-contract shipments or continues selling spot cargoes through Hormuz.
Related reporting
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All filed from India
Named Saudi Arabia · India · Iran · Houthi · Saudi Aramco
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