Saudi Aramco warns of 18-month recovery for oil inventories after Strait of Hormuz disruption

NewsFri, 28 Aug 2026 02:09:22 UTC3 hours ago
Saudi Aramco warns of 18-month recovery for oil inventories after Strait of Hormuz disruption

The prolonged recovery of oil inventories could sustain high prices, strain global economies, and accelerate shifts to alternative energy sources.

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