Saudi's Biggest Oil Discount in 26 Years Sparks Price War | Firstpost Live | 4K

Saudi Arabia has launched its biggest oil price cut in at least 26 years, slashing the cost of its flagship Arab Light crude for Asian buyers. The move comes as global oil supplies recover after tensions in West Asia eased and OPEC+ continues to increase production. With more crude flooding the market, producers are now competing aggressively for customers, especially in Asia. India, which imports over 85% of its crude oil, could emerge as one of the biggest beneficiaries if lower prices persist. Cheaper oil can reduce the country's import bill, improve refinery margins, ease transportation costs and help soften inflation. Gursshheen Gahllen tells you more.  00:00 Introduction & Headlines 01:59 Saudi Arabia Triggers Global Oil Price War 06:10 Iran Accused of Attacking Ships in Strait of Hormuz 09:58 Trump May Restore Turkey's F-35 Access 14:29 Samsung Posts Record AI-Driven Profits 18:39 Indian-Origin Businessman Accused of Posing as CIA Agent 22:53 China Battles Deadly Typhoon & Massive Flooding 26:07 End Credits --- Saudi Arabia | OPEC | Oil | India Oil | Firstpost | News Live | World News | Latest News | Global News | International News | News | Trending News #mbs #saudi #oil #firstpost #newslive #worldnews #latestnews #globalnews #news #internationalnews #trendingnews Firstpost is an Indian news and media website. Get all the incisive opinions, in-depth analyses and other visual stories that matter to you and the world right here on this channel. Subscribe to Firstpost channel and press the bell icon to get notified when we go live.    / @firstpost   Follow Firstpost on Instagram:   / firstpost   Follow Firstpost on Facebook:   / firstpostin   Follow Firstpost on X:   / firstpost   Follow Firstpost on WhatsApp: https://www.whatsapp.com/channel/0029...