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business 86d ago

Saudi Aramco Chief Flags Risks from Oil Capacity Concentration and Regional Conflicts

The Saudi Aramco CEO warns that the global spare oil capacity is heavily concentrated in the Middle East, posing supply risks. Prolonged regional conflicts could further threaten oil stability, impacting global markets. Investors should monitor regional tensions and OPEC policies for potential price fluctuations.

Timeline · 86d ago

87d ago

1 article · Middle East Eye

87d ago

1 article · Middle East Eye

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