Exxon Mobil CEO expects higher oil prices due to Iran war: ‘The market hasn’t seen the full impact’
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Source: CNBC
Published: 2026-05-02 03:06 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Iran, Energy, Economy & Finance, Financial Markets, Business & Economy, War & Conflict
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Snippet:
Exxon Mobil CEO Darren Woods warned Friday that the market has not absorbed the full impact of the unprecedented oil supply disruption triggered by the Iran war and the closure of the Strait of Hormuz.
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