Saudi Aramco CEO warns oil markets may not recover until 2027 due to Hormuz disruptions

Statele Unite

The CEO of Saudi Arabia’s state-owned oil company is warning that the energy sector will take time to recover from the Iran war’s impact on supply as oil output was slashed due to the ongoing disruptions to shipping in the  Strait of Hormuz . Saudi Aramco   CEO Amin Nasser said on an earnings call Monday that the global energy market has lost about 1 billion barrels of oil supply during the crisis, though efforts to reroute shipments to avoid using the Strait of Hormuz and releases from