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Saudi Aramco Cuts April Oil Allocations Amid Conflict

3/23/2026

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Summary

Story summary

Saudi Aramco reduced Arab Light allocations to Asian buyers for April 2025, marking a second consecutive monthly cut and about 10% from peak.
The cuts affect China, Japan, and South Korea as flows via Strait of Hormuz slow amid the U.S.-Israel conflict with Iran.
Analysts say the moves reflect OPEC+ efforts to stabilize prices amid fluctuating demand.
The tighter Middle Eastern crude market in Asia could influence global pricing benchmarks.

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Story summary

Saudi Aramco reduced Arab Light allocations to Asian buyers for April 2025, marking a second consecutive monthly cut and about 10% from peak.
The cuts affect China, Japan, and South Korea as flows via Strait of Hormuz slow amid the U.S.-Israel conflict with Iran.
Analysts say the moves reflect OPEC+ efforts to stabilize prices amid fluctuating demand.
The tighter Middle Eastern crude market in Asia could influence global pricing benchmarks.