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An aerial view of the Strait of Hormuz, showing a supertanker navigating the narrow waterway with surrounding landmasses, illustrating the critical Hormuz shutdown point.

Critical Hormuz Shutdown: Aramco Warns of Catastrophe

Saudi Aramco’s chief warns of catastrophic consequences for the oil market from a prolonged Hormuz shutdown, downplaying…

Elena Marchetti·March 10, 2026, 2:30 PM

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