Saudi Aramco CEO says oil reserves are low and predicts recovery in two years
Saudi Aramco CEO Amin Nasser said that global oil reserves are at a dangerously low level, and the US war with Iran has reduced oil supplies from the Persian Gulf region by almost 3 billion barrels. According to him, it may take up to two years to replenish depleted reserves if the Strait of Hormuz is fully opened.
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