Saudi Aramco CEO Amin Nasser says the energy supply shock that began in the first quarter of 2026 is the largest the world has ever experienced.

Saudi Aramco CEO Amin Nasser says the company can reach its maximum sustainable oil production capacity of 12 million barrels per day within three weeks if needed.

Saudi Aramco CEO Amin Nasser stated that the company can reach its maximum sustainable oil production capacity of 12 million barrels per day within three weeks if required.

Aramco warns the global oil market could lose 100 million barrels per week if the Strait of Hormuz remains closed. The assessment highlights the potential supply impact of continued transit disruptions in the critical waterway.

Aramco reports that the global oil market faces a potential loss of 100 million barrels per week if the Strait of Hormuz remains closed.

Aramco CEO warns global oil markets will not return to normal this year if the conflict involving Iran remains unresolved within the coming weeks.

Aramco CEO Amin Nasser stated that global oil markets will not stabilize this year if the conflict involving Iran is not resolved within the coming weeks.

Libya's National Oil Corporation confirms it has regained full control of the Ras Lanuf refinery.

The National Oil Corporation of Libya announced that it has regained full control of the Ras Lanuf refinery.