οΈπΈπ¦ FT: Saudi Aramco CEO Amin Nasser has warned that global oil reserves are "frighteningly flammable" following severe disruptions caused by the conflict in the Middle East.
More than a billion barrels were reportedly withdrawn from reserves, while nearly 3 billion barrels of expected supplies to the Middle East were lost.
Nasser said rebuilding depleted stocks could take up to two years, warning that continued attacks on energy infrastructure posed a serious threat to global energy security.