London, Oct 5, 2026 (AFP) - Saudi Aramco boss says global oil stockpiles 'scarily thin'

NAMPA / AFP

2026-10-05

Global oil stockpiles are "scarily thin" owing to the US-Iran war, Saudi Aramco's 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, who leads a key oil producer that is majority-owned by the Saudi state, told the Energy Intellligence Forum in London. "And with precious little else the world can turn to, the supply resilien......

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