Saudi reroutes 16 mn barrels to India via Red Sea; Russian oil gains traction
- Posted on March 17, 2026
- By Financial Express
- 6 Views
Saudi reroutes 16 mn barrels to India via Red Sea; Russian oil gains traction
Saudi Arabia is rerouting nearly 16 million barrels of crude to India via its Red Sea hub, bypassing the Strait of Hormuz amid rising West Asia tensions. The shift highlights evolving global oil trade routes as Indian refiners adapt to supply disruptions.
