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Aramco warns of oil market ‘catastrophe’ unless strait of Hormuz reopens soon
Saudi Arabian state oil firm calls crisis by far the biggest but company can reroute 70% of exports via its east-west pipeline
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theguardian.com
Oil prices ‘could breach $100 a barrel within days’ amid supply disruption from Iran war
Warning from Goldman Sachs comes as crude shipping through strait of Hormuz falls further than bank thought
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aljazeera.com
Iran war threatens prolonged impact on energy markets as oil prices rise
The conflict has already led to the suspension of almost a fifth of global crude oil and natural gas supply.
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arabnews.com
Oil markets ‘in panic mode’ as analysts warn of even greater disruption
RIYADH: Oil prices climbed above $100 a barrel on March 9 for the first time since 2022 as conflict between the US-Israel alliance and Iran continued, but analysts believe more…
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cnbc.com
The U.S.-Iran war is the biggest oil supply disruption in history
The global oil market will need to balance by destroying demand through sharply rising oil prices, according to Rapidan Energy.
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Aramco sees ‘catastrophic consequences’ for oil if shipping doesn’t resume in Strait of Hormuz
DUBAI: Saudi Arabia’s Aramco , the world’s top oil exporter, said on Tuesday that there would be “catastrophic consequences” for the world’s oil markets if the Iran war continues…
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Aramco warns of oil market ‘catastrophe’ unless strait of Hormuz reopens soon
Saudi Arabian state oil firm calls crisis by far the biggest but company can reroute 70% of exports via its east-west pipeline
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Asia scrambles to confront energy crisis unleashed by Iran war – with no end in sight
From fuel caps to four-day work weeks, the Middle East conflict has left the world’s top crude oil importing region desperate to shore up supplies
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With the Strait of Hormuz closed … how many days can the world withstand an oil disruption?
RIYADH: The Strait of Hormuz is one of the world’s most important maritime routes for the energy sector, with roughly 20 million barrels of oil passing through it daily, or about…
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Middle East war creating ‘largest supply disruption in the history of oil markets’
Vast release of emergency crude reserves fails to quell mounting fears about supply crunch, rattling markets