Aramco CEO says Hormuz disruption may keep oil markets volatile until 2027

Published on 11 May 2026

Recovery could take years even after ships resume

Saudi Aramco CEO Amin Nasser warns the Strait of Hormuz crisis could delay the oil market’s recovery until 2027. Persistent disruptions are straining supply chains and keeping prices jumpy, and even a partial reopening would not instantly rebalance global inventories and contracts. Nasser calls the shock the largest of its kind and expects prolonged volatility.

Aramco CEO Amin Nasser sees volatility lasting until 2027
Strait of Hormuz disruptions are hitting supply chains and pricing
Even reopening would take time for global market rebalancing
Oil recovery timeline may be far longer than markets expect

#energy markets #geopolitics #strait of hormuz #saudi aramco #oil

Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic Times

Aramco CEO says Hormuz disruption may keep oil markets volatile until 2027

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