Aramco Chief Warns Global Oil Stocks Are 'Scarily Thin' Amid Two-Year Recovery Timeline
Saudi Aramco CEO Amin Nasser warned that global oil inventories are critically low, with nearly 3 billion barrels of supply lost since the Iran conflict began. He stated that replenishing stocks could take two years, even after the Strait of Hormuz reopens, as emergency reserves fail to address long-term supply deficits.