Since the United States and Israel launched their Feb. 28 strikes on Iran, shipping traffic through the Strait of Hormuz has slowed to a near standstill.
Wael Sawan said that the oil giant is trying to ‘work with governments to alert them to the levers they may need to pull,’ including ‘demand‑side measures.’
Since the United States and Israel launched their Feb. 28 strikes on Iran, shipping traffic through the Strait of Hormuz has slowed to a near standstill.
Wael Sawan said that the oil giant is trying to ‘work with governments to alert them to the levers they may need to pull,’ including ‘demand‑side measures.’