Six Months of Hormuz Disruption Have Changed the Oil Market More Than the Headline Price Suggests
Six months of conflict around the Strait of Hormuz have reduced Gulf export flows, weakened OPEC+ market share and increased oil-market volatility.
Chevron is an integrated energy company spanning oil and gas production, refining, chemicals and lower-carbon investments. Founded in 1879 and headquartered in Houston, Texas, Chevron Corporation employs approximately 45,000 people.
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Six months of conflict around the Strait of Hormuz have reduced Gulf export flows, weakened OPEC+ market share and increased oil-market volatility.
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