Traders say Saudi Arabia has sold nearly 100 million barrels to Asian buyers since mid‑last week, with October‑November deliveries to transit the Strait of Hormuz. Buyers include refiners in China, India, Japan and South Korea. The volume is roughly

2026-09-24

Traders say Saudi Arabia has sold nearly 100 million barrels to Asian buyers since mid‑last week, with October‑November deliveries to transit the Strait of Hormuz. Buyers include refiners in China, India, Japan and South Korea. The volume is roughly one day of global oil demand and has more than doubled recently Saudi flows to Asia via Hormuz. Saudi Arabia’s east‑west oil pipeline has not fully resumed following the Sept. 10 attack; ARAMCO is in early stages of restarting the pipeline and aims for substantive restoration by Saturday.