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economicMay 10, 2026

Oil loss will slow restart of energy trade

Summary

The world has lost about 1 billion barrels of oil over the past two months and energy markets would take time to stabilize even if flows resume, Saudi Arabian Oil Co (Saudi Aramco) CEO Amin Nasser said yesterday, as shipping disruptions choke traffic through the Strait of Hormuz.

Source: CurrentsAPI — Read the full report

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  • CurrentsAPI

    The world has lost about 1 billion barrels of oil over the past two months and energy markets would take time to stabilize even if flows resume, Saudi Arabian Oil Co (Saudi Aramco) CEO Amin Nasser said yesterday, as shipping disruptions choke traffic through the Strait of Hormuz.…

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