Amin Nasser

"The longer the disruption goes on... the more drastic the consequences for the global economy."

"The Middle East conflict would have 'catastrophic consequences' for the oil market the longer it continued."

"if oil tankers continue to be unable to transit the strait, 'that will have a serious impact on the global economy.'"

"Our objective is simple: keep energy flowing, even when the system is under strain."

"Reopening routes is not the same as normalising a market that has been deprived of about one billion barrels of oil."

"Our East-West Pipeline, which reached its maximum capacity of 7.0 million barrels of oil per day, has proven itself to be a critical supply artery, helping to mitigate the impact of a global energy shock."

""Our East-West Pipeline, which reached its maximum capacity of 7.0 million barrels of oil per day, has proven itself to be a critical supply artery, helping to mitigate the impact of a global energy shock and providing relief to customers affected by shipping constraints in the Strait of Hormuz.""

"Our East-West Pipeline, which reached its maximum capacity of 7.0 million barrels of oil per day, has proven itself to be a critical supply artery, helping to mitigate the impact of a global energy shock and providing relief to customers affected by shipping constraints in the Strait of Hormuz."

"The world has lost about 1 billion barrels of oil over the past two months and energy markets will take time to stabilize even if flows resume."

"If the Strait of Hormuz opens today, it will still take months for the market to rebalance, and if its opening is delayed by a few more weeks, then normalisation will last into 2027."

"disruptions in oil exports across the Strait could delay the return of market stability until as late as 2027."

"The energy supply shock that began in the first quarter is the largest the world has ever experienced."