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.
Exxon Mobil is an integrated oil and gas producer with upstream, refining, chemicals and low-carbon businesses. Founded in 1999 and headquartered in Spring, Texas, Exxon Mobil Corporation employs approximately 61,000 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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