Saudi Aramco CEO Warns Oil Market Faces “Catastrophic Consequences”
Saudi Aramco moves to mitigate oil shortfall, but tensions in the Strait of Hormuz pose severe risks to global supply RIYADH: Saudi Aramco CEO Amin Nasser has issued a stark warning over ongoing disruptions in Middle Eastern oil supplies, emphasizing the strategic importance of the Strait of Hormuz and its potential impact on global markets. […]

