TechFlow News, May 10: Amin Nasser, President and CEO of Saudi Aramco, stated on May 10 that global oil supply has decreased by approximately 1 billion barrels over the past two months. Speaking to media outlets that day, Nasser noted that even if energy flows return to normal, the entire system will require some time to fully recover. Saudi Aramco emphasized that the East-West Pipeline is a critical supply artery, helping to mitigate global energy shocks and providing a degree of assurance to customers affected by shipping restrictions in the Strait of Hormuz. (Jinshi)
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