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Amin Nasser

Coverage of Amin Nasser in the Nexus archive.

Earliest in view: May 11 · 16:49 UTCMost recent: May 11 · 16:49 UTC

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BUSINESSMay 11 · 16:49 UTCCNBC TOP
Saudi Aramco CEO says oil market won't normalize until 2027 if Hormuz disruption persists
Saudi Aramco CEO Amin Nasser stated that oil inventories are rapidly depleting due to the Strait of Hormuz closure, and the market won't normalize until 2027 if the disruption persists. The Strait of Hormuz is a critical oil passage. Oil market normalization is contingent upon the resolution of this disruption.