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Saudi Arabia Delivers 100 Million Barrels of Oil Directly to India, China Amid Crisis
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News18•24-09-2026, 16:18
Saudi Arabia Delivers 100 Million Barrels of Oil Directly to India, China Amid Crisis
- •Saudi Arabia has offered direct delivery of 100 million barrels of crude oil to India and China, providing significant relief to Asian economies facing an oil crisis amidst West Asian conflict.
- •Saudi Aramco finalized a deal for approximately 100 million barrels of crude oil to be delivered directly to Asian buyers in October and November, equivalent to the world's total daily consumption.
- •Despite ongoing US-Iranian naval conflict in the Strait of Hormuz, Saudi Arabia had to dispatch oil via ships due to a devastating attack on its 'East-West Pipeline'.
- •Aramco took on the entire logistics risk, including sea route security and shipping costs, offering 'doorstep delivery' as Indian and Chinese companies refused to send their own ships.
- •This decision is a lifeline for India and China, as fuel shortages and prices could have spiraled out of control due to Iranian oil bans, political distance from Russian oil, and heavy competition in distant markets.
Key Questions Answered
Saudi Aramco has finalized a deal to deliver approximately 100 million barrels of crude oil directly to Asian buyers such as India and China during October and November.
Saudi Arabia was forced to use the Hormuz route because its secure East-West Pipeline suffered a devastating attack on September 10, which halted its normal overland operations.
Saudi Aramco offered doorstep delivery, taking on the entire logistics risk including shipping costs and sea route security, whereas normal terms required buyers to send their own ships.
