Saudi Aramco CEO: Threats In The Red Sea Will Not Affect Export Volumes

South Korea's Industry Minister Says Reassessment Of CPTPP Accession Underway To Expand Export Markets

Saudi Aramco CEO: We Will Continue To Make Full Use Of All Export Routes, Including The Bab El-Mandeb Strait, The Suez Canal, The Sumed Pipeline And The Strait Of Hormuz

Saudi Aramco CEO: The Attack On The Facility Has No Material Impact On Operations Or Finances

Saudi Aramco CEO: Plans To Continue Exporting Approximately 5 Million Barrels Of Crude Oil Per Day

Saudi Aramco CEO: We Continue To Optimize The Flexibility Of The East-West Pipeline And Have Effectively Managed The Risks For Some Time. The (Saudi) Government Is Addressing This Risk, But It Has Never Limited Our Transit Options Through The Bab El-Mandeb Strait

Saudi Aramco CEO: 100 Million Barrels Of Oil Are Lost Every Week During The Closure Of The Strait Of Hormuz

Saudi Aramco CEO: If The Strait Were To Open Today, Replenishing Depleted Inventories At An Average Rate Of 2.1 Million Barrels Per Day Would Take As Long As 18 Months

Saudi Aramco CEO: Oil Inventories Will Take 18 Months To Recover After Supply Disruptions

Saudi Aramco CEO: The Market Is Losing 11 Million Barrels Of Crude Oil Per Day Due To The Crisis

Analysts: Declining Labor Supply May Cushion The Impact Of Slowing Job Growth; U.S. Unemployment Rate Expected To Hold Steady In July

Saudi Aramco CEO: The Global Refining System Is Under Severe Strain

Saudi Aramco CEO: The Global Energy Supply System Could Face Even Greater Pressure If Refineries Experience Any Major Unplanned Or Prolonged Shutdowns. Asian Countries Have Already Been Affected, With Crude Oil Imports In The Region Decreasing By Approximately 6 Million Barrels Per Day At The Peak Of The Crisis

Saudi Aramco CEO: Saudi Aramco's East-West Pipelines And Global Inventory Helped Mitigate The Supply Shock, Reducing Net Losses To Approximately 1.8 Billion Barrels

Saudi Aramco CEO: The Global Crisis Has Resulted In The Loss Of More Than 2.6 Billion Barrels Of Crude Oil, Impacting Several Key Industries

According To Iranian State Media, Iranian President Peshizian Stated That Tehran Will Defend Its Borders But Will Not Seek War Or Expansion

The Governor Of Russia's Tver Region Stated That The Warehouse Of The Russian E-commerce Platform "Wildberry" Was Damaged In A Drone Attack