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Business

Saudi Aramco CEO warns oil markets may not recover until 2027 due to Hormuz disruptions

Details
11 May 2026
Saudi Aramco CEO says the global energy market has lost about 1 billion barrels of oil supply amid the Iran war's disruption to Strait of Hormuz shipping.

Original Source:

https://www.foxbusiness.com/economy/saudi-aramco-ceo-warns-oil-markets-may-not-recover-until-2027-due-hormuz-disruptions

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