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Strait of Hormuz disruption could push oil market recovery into 2027, Aramco CEO says

Geopolitics & WarEnergy Markets & PricesCommodity FuturesTrade Policy & Supply Chain

Saudi Aramco CEO Amin Nasser warned that disruption to oil exports via the Strait of Hormuz could delay the market’s return to normal until 2027. The comment highlights a potentially prolonged supply-risk scenario for global oil flows and energy pricing. The risk is broad-based and could keep crude and related markets volatile.

Analysis

Saudi Aramco CEO Amin Nasser warned that disruption to oil exports via the Strait of Hormuz could delay the market’s return to normal until 2027. The comment highlights a potentially prolonged supply-risk scenario for global oil flows and energy pricing. The risk is broad-based and could keep crude and related markets volatile.

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