ADNOC Warns Gulf Oil Disruptions May Last Until Mid-2027
Abu Dhabi National Oil Company (ADNOC) CEO Sultan Ahmed Al Jaber has warned that oil disruptions in the Persian Gulf could persist until at least mid-2027, challenging market optimism. The Strait of Hormuz crisis is being viewed as a temporary issue by traders and financial institutions despite ongoing infrastructure changes affecting normal operations.
Topics: gulf_security markets oil supply_disruptions