Chevron CEO Sees More Pipelines Built to Bypass Strait of Hormuz - More Unreported Attacks in the Strait Impact Transits. - Energy News Beat

Watch Chevron CEO Wirth on Oil Prices, Strait of Hormuz, Venezuela

Chevron Chairman & CEO Mike Wirth discusses the impact of the war in Iran on oil prices and global supplies, multiple attacks this week on vessels transiting the Strait of Hormuz, the company’s view on Venezuela, and potential oil and gasoline shortages. He speaks on “Bloomberg Surveillance.”

Chevron CEO Sees More Pipelines Built to Bypass Strait of Hormuz - More unreported attacks in the Strait impact transits. - Energy News Beat

In a wide-ranging Bloomberg Surveillance interview aired today, Chevron Chairman and CEO Mike Wirth painted a sobering picture of ongoing disruptions in the Strait of Hormuz while signaling that the industry is accelerating plans for alternative infrastructure to reduce reliance on the critical chokepoint. Wirth confirmed that multiple vessels transiting the Strait of Hormuz have suffered attacks this week, some previously unreported, underscori…

Ships Attacked in Strait of Hormuz This Week, Chevron CEO Says - Energy News, Top Headlines, Commentaries, Features & Events

By Kevin Crowley, Annmarie Hordern, and Jonathan Ferro Several vessels transiting through the Strait of Hormuz have been attacked in recent days, underscoring the “very real” risks that remain for shipowners in the Persian Gulf whether or not a peace accord is signed, Chevron Corp. Chief Executive Officer Mike Wirth said. “There still has been ...