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The Nexus
BUSINESSMay 28 · 18:49 UTCFINANCIAL TIMES WORLD

Chevron CEO Wirth warns oil prices likely to rise as Iran war hits supplies

Chevron CEO Mike Wirth warns that oil prices are likely to rise due to an Iran-related conflict disrupting supplies. A blockade in the Strait of Hormuz has removed up to 13 million barrels a day from global markets and drawn down 'shock absorbers'.

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ChevronorganizationMike WirthpersonIranplaceStrait of Hormuzplaceoil pricestopic
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