Here's what the Saudi East-West pipeline shutdown means for Asia's biggest crude importers

The shutdown of Saudi Arabia's East-West pipeline stands to squeeze already-scarce crude supply for Asia's four biggest crude importers, with South Korea appearing the most directly exposed. Saudi crude accounted for 34.1% of South Korean crude imports in July, according to the Korea International Trade Association. It's at 27.3% of imports into Japan, government data show, and 14.9% of China's imports, according to customs data. For India, the figure is 10.2%, Kpler data show. While Asian markets' dependence on Saudi crude do not directly translate into the number of barrels exposed to the pipelines shutdown, export constraints at the Hormuz Strait have shifted a substantial volume of the Kingdom's exports westward to the pipeline-linked Yanbu port.