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Oil, fuel supply buffers are thinning as Middle East conflict continues, Chevron CEO says

Source: reuters.com

Energy Markets & PricesGeopolitics & WarCommodities & Raw Materials
Oil, fuel supply buffers are thinning as Middle East conflict continues, Chevron CEO says

Chevron CEO Mike Wirth said oil and gas market fundamentals are tightening as the US-Israeli war with Iran continues into its eighth month. He cited thinning buffers for oil and fuel supply; the article provided no specific figures or market reaction.

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