Saudi Aramco chief says replenishing global oil stockpiles could take two years

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Saudi Aramco’s chief executive said rebuilding global oil inventories could take as long as two years. He warned that the supply squeeze could intensify while the U.S.-Iran war continues.

Saudi Aramco's CEO warned it could take up to two years to rebuild global oil inventories, saying the squeeze could worsen as the U.S.-Iran war continues.