 **Saudi Aramco Warns of Critical Fuel Shortage**

**Saudi Aramco**, the world's largest oil company, warns that fuel supplies are approaching a **"critically low level"**.

According to **Bloomberg**, there are **two weeks** left before demand rationing for petroleum products begins.

The world is heading toward the most severe energy crisis in modern history, with a potential oil shortage caused by the war in Iran possibly triggering rationing within weeks.

**Eric Nuttall**, partner and senior portfolio manager at **Ninepoint Partners**, says this is not a matter of months or quarters. He expects demand rationing to be more severe in the next **couple of weeks** than during COVID.

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