James Nicholas KinneyJames Nicholas Kinney
Business & Technology

'Upward pressure' on oil prices amid Iran war 'likely to continue': Chevron CEO

'Upward pressure' on oil prices amid Iran war 'likely to continue': Chevron CEO

Chevron CEO Mike Wirth warns that the ongoing conflict in Iran is likely to sustain upward pressure on oil prices due to significant supply disruptions. He highlights the current market conditions as a period of reduced supply contributing to this trend.

Source: The Hill

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