Aramco warns of oil market ‘catastrophe’ unless strait of Hormuz reopens soon - short news
Saudi Arabian state oil firm calls crisis by far the biggest the region has seen but firm can reroute 70% of exports and tap crude held in storage
How the Iran conflict could affect energy prices – video explainer
Saudi Arabia’s state oil company has warned of “catastrophic consequences” for the world’s oil markets if the US-Israeli war with Iran continues to block shipping in the strait of Hormuz.
The world’s biggest oil exporter expects to be able to..
source: The Guardian - 10.03.2026