'Upward pressure' on oil prices amid Iran war 'likely to continue': Chevron CEO
The Hill ·
Chevron CEO Mike Wirth said in a Sunday interview that “upward pressure” on oil prices amid the U.S. conflict in Iran is “likely to continue,” as the war stretches into its second full month. …
Chevron CEO Mike Wirth said in a Sunday interview that “upward pressure” on oil prices amid the U.S. conflict in Iran is “likely to continue,” as the war stretches into its second full month. “We’re in a period where there’s been significant supply taken out of the system, and we are facing this upward pressure on prices and volatility that is manifest itself thus far and likely to continue,” Wirth told CBS News’s Margaret Brennan on “Face the Nation.” Amid the war, shipping traffic in the …
Original source: The Hill