Chevron’s CEO warned that the ongoing tensions on the Red Sea could pose “very real risks” to oil prices and flows as Yemeni Houthi rebels intensify their attacks against Israel and commercial ships in the region. Chevron CEO, John Chevron, was asked by CNBC what the Houthi attacks might mean for the global oil supply.
As Yemen’s Houthi rebels intensify attacks against Israel and professional shipping in the area, the CEO of the oil behemoth Chevron issued a warning on Tuesday that the continuous Red Sea tensions pose “very true” risks to oil flows and prices. Chevron was questioned by CNBC about the potential impact of the Houthi attacks on the world’s oil supply. As Yemen’s Houthi rebels intensify attacks against Israel and professional shipping in the area, the CEO of the oil behemoth Chevron issued a warning on Tuesday that the continuous Red Sea tensions pose “very true” risks to oil flows and prices. Chevron was questioned by CNBC about the potential impact of the Houthi attacks on the world’s oil supply.
Chevron’s CEO warned that the ongoing tensions on the Red Sea could pose “very real risks” to oil prices and flows as Yemeni Houthi rebels intensify their attacks against Israel and commercial ships in the region. Chevron CEO, John Chevron, was asked by CNBC what the Houthi attacks might mean for the global oil supply.
