Saudi Aramco boss says global oil stockpiles 'scarily thin'

LONDON: Global oil stockpiles are “scarily thin” owing to the US-Iran war, Saudi Aramco chief executive Amin Nasser said Monday, days after G7 nations agreed to release more of their inventories to ease supply concerns.

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“The system is already straining,” Nasser told the Energy Intellligence Forum in London. “And with precious little else the world can turn to, the supply resilience cushion is scarily thin.”