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Watch Saudi Aramco CEO Amin Nasser Warns of Long Oil Supply Disruption Amid Hormuz Closure - Bloomberg

Bloomberg·Bloomberg·22 days ago
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May 11th, 2026

Aramco Warns of Long Oil Market Disruption

Saudi Aramco Chief Executive Officer Amin Nasser warned of a long disruption to oil markets from the near-closure of the Strait of Hormuz, while the company reported a jump in profit following higher prices and its ability to redirect exports via a pipeline bypassing the vital waterway. Bloomberg's Anthony di Paola reports.

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