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Chevron stock price faces Monday test after Leviathan shutdown, Hormuz shipping risks
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Chevron stock price faces Monday test after Leviathan shutdown, Hormuz shipping risks
Chevron shares closed up 1.4% at $186.76 Friday after Israel ordered a temporary shutdown of the Chevron-operated Leviathan gas field following strikes on Iran. Tanker owners and oil majors suspended shipments through the Strait of Hormuz as Tehran said it had closed navigation. Brent settled up 2.45% at $72.48 a barrel. OPEC+ meets Sunday and may consider a larger output increase. The post Chevron stock price faces Monday test after Leviathan s…
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