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The global oil market could remain under pressure for years even after the Strait of Hormuz fully reopens, Saudi Aramco Chief Executive Amin Nasser warned Monday, saying it could take as long as two years to rebuild inventories depleted by the U.S.-Iran war. Nasser’s warning highlights a growing risk for energy…
Tanker operators face rising security risks as Iran threatens to block additional routes through the Strait of Hormuz. The warnings have increased concerns over oil shipments and global economic disruption.