The world’s biggest producer of crude oil has warned of “catastrophic consequences” if the Strait of Hormuz remains blocked to shipping for an extended period.
Aramco said the longer the disruption to oil exports went on, the more drastic the impact to global exports would be.
The price of oil has fallen from yesterday’s highs but fears of further volatility remain.
Subscribe to our channel here: https://bbc.in/bbcnews
For the latest news download the BBC News app or visit BBC.com/news
#Pakistan #India #BBCNews
