After Saudi's 2 panic moves in 2 days, MBS' top oil official reveals 1000000000 loss…

Saudi Aramco’s CEO says the Hormuz shutdown is the biggest energy shock in history, with around 1 billion barrels of supply wiped out since the Iran war began. Riyadh is rushing crude through its East–West pipeline to the Red Sea, but Houthi threats and stalled Iran–U.S. talks mean high prices and volatility could last for years.