Big Oil CEOs Warn Energy Market Is Moving Closer to Cliff’s Edge - Bloomberg.com
business 2026/05/01 19:33:50

Big Oil CEOs Warn Energy Market Is Moving Closer to Cliff’s Edge - Bloomberg.com

Source:Bloomberg
Author:Kevin Crowley, David Wethe, Annmarie Hordern

America’s biggest oil companies are warning that global crude markets may be nearing an inflection point of higher prices the longer the Strait of Hormuz stays closed.