The Economic Times

Saudi opens oil taps for Asia as India, China hunt crude amid Iran war, Hormuz crisis

Saudi Arabia has sold almost 100 million barrels of crude to Asian buyers, including refiners in India and China, helping ease supply concerns as the Iran war disrupts regional oil flows. The sales come as Iranian crude supplies dry up, Russian oil faces political risks and Saudis damaged East-West pipeline pushes more exports through Hormuz.