ET 23:30

Indian Shares Poised for Flat Open as Saudi Arabia Restarts East-West Pipeline After Drone Attacks

IMP5.5
SNT-0.4
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Geopolitical

Indian equities are expected to open little changed on Wednesday, September 23, 2026, after reports that Saudi Arabia restarted its East-West oil pipeline and may have resumed exports from the Red Sea port of Yanbu, following drone attacks on September 11. The pipeline restart eases supply disruption concerns that had unsettled global energy markets in recent sessions. A sustained recovery in Saudi crude flows through Yanbu could weigh on oil prices, offering relief to India, a major crude importer. However, uncertainty over the security situation in the region may keep gains in check, with traders likely to monitor further developments before committing to direction.

EditorWong Mei Ling