Saudi Aramco CEO: 180 million barrels of crude oil supply disrupted so far

2026-03-19 06:48:22

Saudi Aramco CEO stated that there have been 180 million barrels of oil supply disruptions so far. The longer the supply disruption lasts, the greater the impact on the global oil market and the more severe the shocks to the global economy. Under the current circumstances, we are doing our best to meet the needs of most customers. This has triggered serious chain reactions and caused a domino effect on industries such as aviation, agriculture, and automotive. Our only available channel at the moment is the east-west pipeline, with a capacity of 7 million barrels per day, which is currently used to transport Arabian light and ultra-light crude oil; there are no issues with domestic or international storage capacity. We have made arrangements for various scenarios to ensure the system has sufficient storage flexibility; internationally, we can mobilize global storage centers.

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