ExxonMobil CEO Warns Oil Supply Disruptions Possible Amid Iran-Israel Conflict
ExxonMobil CEO Darren Woods expressed concerns about potential disruptions to oil supplies due to the ongoing conflict between Israel and Iran. The primary concern is the Strait of Hormuz, a vital oil chokepoint located between Oman and Iran. Woods stated that there is sufficient spare capacity in the global market to accommodate any Iranian oil … Read more