Flames burn at a facility belonging to Saudi oil giant Aramco south of Riyadh on Oct. 3, 2026. (Credit:AFP)
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.
"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."
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.
"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."
