Bloomberg1:52 PM

Aramco CEO Warns of Long Oil Market Disruption as Profit Jumps

Aramco CEO Warns of Long Oil Market Disruption as Profit Jumps

Saudi Aramco’s boss warned of a long disruption to oil markets from the near closure of the Strait of Hormuz, while the company reported a jump in profit following higher prices and its ability to redirect exports via a pipeline bypassing the vital waterway.

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