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The Nexus
BUSINESSMay 11 · 13:24 UTCMARKETWATCHSteve Goldstein

Oil market won’t return to normal this year if Iran conflict isn’t solved within weeks, Aramco CEO says

Aramco CEO says the oil market won't return to normal this year if the Iran conflict isn't solved within weeks. Oil futures for December have gained 47% this year, indicating traders don't expect a quick return to normal. The statement suggests a prolonged impact on the oil market due to geopolitical tensions.

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