Saudi Aramco CEO Reveals: Global Oil Supply Plummets Over Two Months, Market Recovery Requires Time
Saudi Aramco's CEO Amin Nasser stated that global oil supply has decreased by approximately 1 billion barrels over the past two months. He warned that even if energy flows normalize, the entire market system will take time to stabilize. The company emphasized the critical role of its East-West pipeline in mitigating global energy shocks and ensuring supply security, especially for clients affected by shipping restrictions in the Strait of Hormuz.
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