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Aramco CEO warns oil market could lose 100M barrels weekly if Strait of Hormuz remains closed

Posted On May 13, 2026

A prolonged Strait of Hormuz closure could destabilize global oil markets until 2027, impacting energy costs, inflation, and crypto markets.

The post Aramco CEO warns oil market could lose 100M barrels weekly if Strait of Hormuz remains closed appeared first on Crypto Briefing.

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