Chevron CEO Mike Wirth said the war in Iran is making oil prices "uncertain, unpredictable, [and] volatile" during remarks at CERA Week in Houston. His comments underscore elevated geopolitical risk to crude markets and suggest continued oil price volatility and heightened sector risk premia for energy exposures.
Chevron CEO Mike Wirth said the war in Iran is making oil prices "uncertain, unpredictable, [and] volatile" during remarks at CERA Week in Houston. His comments underscore elevated geopolitical risk to crude markets and suggest continued oil price volatility and heightened sector risk premia for energy exposures.
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