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Strategic petroleum releases offer only short‑term relief, Aramco chief asserts
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News Analysis IndiaReporter
October 5, 2026
01:11 PM
The Aramco chief noted that major economies have announced the release of roughly 10 million barrels of emergency oil and diesel reserves to curb rising fuel prices. While such moves can ease price spikes temporarily, they do not address the deeper, structural mismatch between global demand and dwindling supply, which could keep markets volatile for months to come.
