May 29, 2026
‎Nasser says current energy supply shock largest ever

Amin Nasser, CEO of Saudi Aramco

Amin Nasser, CEO of Saudi Aramco, said continued closure of the Strait of Hormuz could result in the loss of around 100 million barrels of oil per week from the market, warning that rebalancing global oil markets could extend into 2027 if current disruptions persist for several more weeks…
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