# Oil Stocks at Risk

> Aramco warns global oil stocks could take two years to rebuild after war disruptions.
- Title: Oil Stocks at Risk · euronews | Shortify
- Summary: Aramco warns global oil stocks could take two years to rebuild after war disruptions. Saudi Aramco says global oil inventories are alarmingly low and may…
- Keywords: saudi aramco, strait of hormuz, oil inventories, iran war, global oil supply, energy crisis, news, world, politics, Oil, Stocks, Risk
- Source: euronews — https://euronews.com/2026/10/06/global-oil-stocks-are-alarmingly-low-and-could-take-two-years-to-rebuild-aramco-warns
- Author: Wessam Al Jurdi
- Published: 2026-10-06T08:06:23+00:00
- Read time: 1 min
- Topics: saudi aramco, strait of hormuz, oil inventories, iran war, global oil supply, energy crisis, news, world, politics
## Aramco chief warns
Saudi Aramco CEO Amin Nasser says the world’s oil supply cushion is shrinking due to the Iran war.
## Strait of Hormuz closure
The effective closure of the Strait of Hormuz, which handles 20% of global oil and liquefied natural gas, caused major supply disruptions.
## Stockpiles strained
Seven months into the Iran war, global oil stockpiles are 'already straining' according to Aramco CEO Amin Nasser.
## Reserves not usable
Less than 10% of reported oil reserves are available for use, with much of the rest needed for infrastructure.

> That's why you find they're struggling with 100 million barrels.
## Stocks lost
Global oil inventories dropped by 3 billion barrels since the crisis began, with 1 billion withdrawn to offset losses.
## Rebuilding takes two years
Rebuilding oil inventories after the Strait of Hormuz reopens could take up to two years, Aramco warns.
## Key takeaway

Saudi Aramco says global oil inventories are alarmingly low and may take two years to recover from war-related supply losses.