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The oil giant Aramco’s Chief Executive Officer Amin Nasser says it will take months for the market to rebalance if the Strait of Hormuz opens today, AFP reports.
“If the Strait of Hormuz opens today, it will still take months for the market to rebalance,” he told investors in an event, adding that if its opening is delayed by a few more weeks, then normalisation will last into 2027.
