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US Oil Giants Warn White House of Worsening Energy Crisis
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Senior executives from US oil companies have warned the White House that the energy crisis triggered by the Iran war is likely to worsen, according to The Wall Street Journal. The CEOs of ExxonMobil (XOM.US), Chevron (CVX.US), and ConocoPhillips (COP.US) flagged warnings during a meeting at the White House last Wednesday (11th) and in recent discussions with US Energy Secretary Chris Wright and Interior Secretary Doug Burgum. They stressed that disruptions in energy transportation through the Strait of Hormuz will continue to cause volatility in the global energy market. AASTOCKS Financial News |
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