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The oil market would experience “catastrophic consequences” if the halt to Strait of Hormuz tanker traffic continues, according to Saudi Aramco, the world’s top crude exporter…
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“There would be catastrophic consequences for the world’s oil markets and the longer the disruption goes on, and the more drastic the consequences for the global economy,“
[analyse_source url=”https://article.wn.com/view/2026/03/10/Aramco_Warns_of_Catastrophic_Consequences_from_Hormuz_Crisis/”]