Saudi Aramco promises full production can be restored within days if Strait of Hormuz is reopened

by | Mar 10, 2026 | Stock Market

Aramco’s CEO warns of “catastrophic consequences” for the oil market if the effective closure of the Straits Of Hormuz were to remain for an extended period. He was unenthusiastic about prospects for the U.S. Navy escorting tankers in transit.

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