About 1 billion barrels of oil have been lost from global supply over the past two months, according to Saudi Aramco's CEO, as shipping disruptions continue to choke traffic through the Strait of Hormuz. He warned that energy markets will need time to stabilize even if flows resume, signaling persistent supply risk for crude and refined products. The disruption is likely to keep oil markets volatile and support prices until logistics normalize.
About 1 billion barrels of oil have been lost from global supply over the past two months, according to Saudi Aramco's CEO, as shipping disruptions continue to choke traffic through the Strait of Hormuz. He warned that energy markets will need time to stabilize even if flows resume, signaling persistent supply risk for crude and refined products. The disruption is likely to keep oil markets volatile and support prices until logistics normalize.
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