{
  "id": 9532589,
  "title": "Saudi Arabia eases Asian oil crunch by selling 100 million barrels in a week",
  "url": "https://urgent.news/2026/09/24/saudi-arabia-eases-asian-oil-crunch-by-selling-100-million-barrels-in",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-24T09:20:13.000Z",
  "source": {
    "name": "The National UAE",
    "slug": "the-national-uae",
    "url": "https://www.thenationalnews.com/business/2026/09/24/saudi-arabia-eases-asian-oil-crunch-by-selling-100-million-barrels-in-a-week/"
  },
  "original_language": "en",
  "account": "Saudi Arabia has significantly alleviated the Asian oil shortage by selling almost 100 million barrels of crude oil to Asian buyers over the past week. This surge in sales, equivalent to about a day's worth of global demand, is designed to prevent a looming supply crisis. The oil is being transported via the Strait of Hormuz and is headed for destinations including China, India, Japan, and South Korea. The Saudi company, Aramco, is offering comprehensive logistics and transport services to Asian customers, a move that has been welcomed in Asia where prices have been soaring. The unusual surge in sales comes as the East-West pipeline, which bypasses Hormuz by carrying oil to the Red Sea, remains partially non-functional following an attack on September 10. Despite the pipeline issues, Saudi Aramco is working towards a partial restoration by Saturday. The crisis has intensified competition for oil grades among buyers in Africa and Latin America, and has shifted the burden of oil transportation from buyers to sellers due to the US-Iran conflict.",
  "summary": "Saudi Arabia has sold almost 100 million barrels of oil to Asian buyers since the middle of last week, helping to avert a looming supply crunch. The crude for delivery in October and November will be sent via the Strait of Hormuz, traders told Bloomberg. Chinese state-run and independent refiners, as well as processors in India, Japan and South Korea, are among the buyers, they said. The unusual…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 4,
    "also_reported_by": [
      {
        "outlet": "Gulf News",
        "title": "Saudi Arabia sets rules for final exit visas for domestic workers during probation",
        "url": "https://urgent.news/2026/09/24/saudi-arabia-sets-rules-for-final-exit-visas-for-domestic-workers",
        "published": "2026-09-24T02:50:38.000Z"
      },
      {
        "outlet": "Ajel English",
        "title": "Saudi Arabia takes part in high-level 'Overcoming Crises' dialogue in New York",
        "url": "https://urgent.news/2026/09/24/saudi-arabia-takes-part-in-high-level-overcoming-crises-dialogue-in",
        "published": "2026-09-24T03:14:47.000Z"
      },
      {
        "outlet": "The National Business",
        "title": "Saudi Arabia eases Asian oil crunch by selling 100 million barrels in a week",
        "url": "https://urgent.news/2026/09/24/saudi-arabia-eases-asian-oil-crunch-by-selling-100-million-barrels-in-9534435",
        "published": "2026-09-24T09:20:13.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}