supply crunch

Aramco’s Nasser sees slow recovery of oil when Strait opens

Saudi petroleum giant reports 26% jump in first-quarter profit, driven by higher crude prices, as traders race to price in war risk, supply shortages

GCF

Amin Nasser speaks at the Global Cybersecurity Forum in Riyadh

Saudi Aramco CEO Amin Nasser says no one should expect the oil market to rebound anytime soon. After the loss of 1 billion barrels with the near shutdown of the Strait of Hormuz, the vulnerability of global energy supplies is...