Saudi Aramco CEO Amin Nasser has cautioned that the global energy transition is faltering and urged policymakers to adopt a more realistic approach to the future of oil and gas. What Happened: Nasser, speaking at the CERAWeek by S&P Global energy conference in Houston, Texas, asserted that the current energy transition strategy is not yielding the expected results. He pointed out that the demand for fossil fuels is anticipated to continue growing, reported CNBC. “In the real world, the current transition strategy is visibly failing on most fronts as it collides with five hard realities,” Nasse…