MarketWatch
US · 1 hrs ago
✦ 72◉ Centre
Oil market won’t return to normal this year if Iran conflict isn’t solved within weeks, Aramco CEO says
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Saudi Aramco's CEO warns that the oil market will not stabilize this year unless Iran-related geopolitical tensions are resolved within weeks; oil futures have risen 47% year-to-date, reflecting trader expectations of continued market disruption.
Oil market won’t return to normal this year if Iran conflict isn’t solved within weeks, Aramco CEO says
Oil futures for December have gained 47% this year, a sign that traders don’t anticipate a quick return to normal.
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