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There could be ‘catastrophic’ consequences for the world’s oil markets the longer the disruption from the closure of the Strait of Hormuz goes on, the chief executive of Saudi Arabia’s state oil giant Aramco said on Tuesday in a media call after the company posted its 2025 results. “While we have faced disruptions in…
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“While we have faced disruptions in the past, this one by far is the biggest crisis the region’s oil and gas industry has faced,“
[analyse_source url=”https://article.wn.com/view/2026/03/11/Aramco_chief_warns_of_catastrophic_consequences_for_oil_mark/”]