New York Post
US · 3 hrs ago
✦ 72◉ Centre
Saudi Aramco CEO warns oil markets may not recover until 2027 due to Hormuz disruptions
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Accuracy 72/100
Partisan intensity 25/100
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◉ Centre ✓ Fair headline
Saudi Aramco's CEO warns that oil markets may not stabilize until 2027 due to disruptions in the Strait of Hormuz, citing a significant deficit of about 1 billion barrels created by supply interruptions.
Saudi Aramco CEO warns oil markets may not recover until 2027 due to Hormuz disruptions
"Reopening routes is not the same as normalizing a market that has been deprived of about 1 billion barrels of oil."
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