Saudi Aramco CEO says oil market won't normalize until 2027 if Hormuz disruption persists
- Posted on May 11, 2026
- By CNBC
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- 1 min read
Saudi Aramco CEO says oil market won't normalize until 2027 if Hormuz disruption persists
Oil inventories are rapidly drawing down as the Strait of Hormuz remains close, Saudi Aramco CEO Amin Nasser said.
