# Saudi Aramco CEO Amin Nasser said the oil market may not return to normal conditions until well into 2027 if interruptions in the Strait of Hormuz continue for several more weeks.

*business · news · 2026-05-12 · The Tribune*

## Key points

- Aramco CEO warns global energy markets may not normalise until 2027 if Hormuz disruption persists.
- Nearly one billion barrels of oil have been lost globally in the past two months, Nasser stated.
- Even immediate reopening of Hormuz would require months for markets to rebalance from the supply shock.
- Aramco is relying on its East-West Pipeline to bypass Hormuz and supply the Red Sea.
- No official confirmation links India's current fuel appeal to US sanctions or Russian oil concerns.

**Companies:** Saudi Aramco
**Countries:** Saudi Arabia, Iran, United States, India

[Read the full story on The Tribune](https://www.tribuneindia.com/news/world/continuous-disruption-at-hormuz-can-hamper-oil-market-recovery-until-2027-warns-saudi-aramco-ceo/)

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