Saudi Aramco CEO warns prolonged conflict risks oil supply

Saudi Aramco CEO warns prolonged conflict risks oil supply Saudi Aramco’s chief executive warned that prolonged instability in the region could have severe consequences for global oil markets. He said the longer the turmoil continues, the more damaging the impact will be on global energy supplies and prices. Meanwhile, Saudi authorities said air defences intercepted and destroyed a drone east of al-Kharj Governorate.