Saudi Aramco halts crude oil supply to Indian refiners: Report

Saudi Aramco has stopped crude oil supplies to Indian refiners indefinitely, following the closure of Saudi Arabia's East-West Pipeline after an alleged Houthi drone attack, NewsBytes reported. The halt affects nearly 9% of India's crude imports. Brent crude surged to $108/barrel, raising procurement costs for Indian refiners already facing high freight costs and Strait of Hormuz disruptions.