Saudi oil giant warns of 'catastrophic consequences' from Iran war as three commercial ships are 'attacked' in Strait of Hormuz and Tehran tries to strangle world's energy supplies

Saudi Arabia's state oil company has warned of 'catastrophic consequences' for the world's oil markets if the Middle East war continues to choke exports

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Mar 11, 2026 - 10:48
Saudi oil giant warns of 'catastrophic consequences' from Iran war as three commercial ships are 'attacked' in Strait of Hormuz and Tehran tries to strangle world's energy supplies
Saudi Arabia's state oil company has warned of 'catastrophic consequences' for the world's oil markets if the Middle East war continues to choke exports
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