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Understanding the wave propagation in fluid-saturated cracked rocks is important for detecting and characterizing cracked reservoirs and fault zones with applications in geomechanics, hydrogeology, exploration geophysics and reservoir engineering. In sedimentary rocks, microscopic-scale pores are usually filled with fluid. One logical means of modelling the essential features of such rocks is to use poroelasticity theory. But previous models of wave propagation in cracked porous medium are either restricted to low frequencies at which effects of the elastic scattering (scattering into fast- P and S waves via mode conversion at the crack faces) are negligible or to the case that the crack-filling fluid is assumed to be incompressible. To overcome these restrictions, we consider the effects of crack fluid compressibility by extending spring condition into poroelasticity and derive exact solutions of the scattering problem of an incident P wave by a circular crack containing compressible fluid in a porous medium. Based on the solutions, we develop two different effective medium models to estimate frequency-dependent effective velocity and attenuation in a fluid-saturated porous rock with a set of aligned cracks. The mixed-boundary value problem reveals that both the wave-induced fluid flow (WIFF) and elastic wave scattering can cause important velocity dispersion and attenuation. The diffusion-type WIFF dominates the velocity change and attenuation for the low frequency range, while the elastic scattering dominates them for the relatively higher frequency range. The dependences of the P -wave velocity on the crack fluid compressibility are different at different frequencies. For the WIFF-dominated frequency range and Rayleigh-scattering frequency range, the P -wave velocity decreases with the crack fluid compressibility. In contrast, for the Mie scattering frequency range, the opposite occurs (the P -wave velocity increases with the crack fluid compressibility). [ABSTRACT FROM AUTHOR]