Saudi Aramco warns it will take 18 months for oil inventories to recover after disruptions in the Strait of Hormuz
2026-08-28 10:15:26
According to CoinMeta, Saudi Aramco warns that disruptions in the Strait of Hormuz could result in it taking 18 months for oil inventories to recover. A prolonged recovery of oil inventories could sustain high oil prices, put pressure on the global economy, and accelerate the transition to alternative energy sources.
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Source:Crypto Briefing
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