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economicMay 10, 2026
Aramco CEO warns 1 billion barrels lost will slow oil market recovery
Summary
The world has lost about 1 billion barrels of oil over the past two months and energy markets will take time to stabilise even if flows resume, Saudi Aramco's CEO said on Sunday, as shipping disruptions choke traffic through the Strait of Hormuz.
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- SECTIONS Aramco CEO warnsBy SECTIONS Aramco CEO warns
The world has lost about 1 billion barrels of oil over the past two months and energy markets will take time to stabilise even if flows resume, Saudi Aramco's CEO said on Sunday, as shipping disruptions choke traffic through the Strait of Hormuz. "Our objective is simple: keep en…
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