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The Economic Times

Economy / The Economic Times

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Saudi Aramco cuts oil supply to Asia for second month in April

Saudi Aramco, a major oil exporter, has reduced its crude oil shipments to Asian customers for April. This move follows disruptions in trade through the Strait of Hormuz. The producer is now supplying only Arab Light crude from the Red Sea port of Yanbu. This action is impacting supplies to Asian refineries and their production of refined products.

23 Mar 2026 7:39 am