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

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

AI Summary

Saudi Aramco's CEO has predicted that oil markets may not regain stability until 2027, largely due to disruptions in the Hormuz Strait. These comments underscore the ongoing volatility in the global energy landscape.

Markets Energy Saudi Aramco oil markets Hormuz Strait energy volatility CEO prediction

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