WS #12210
US missile strikes on Bandar Abbas and Behbahan, Iran, and explosions in Dubai escalate conflict, threatening Strait of Hormuz oil transit. Chevron advances talks with Iraq on pipelines to bypass Strait of Hormuz, set to sign oil investment accords on Friday, partially offsetting supply disruption risk.
US-Iran Military Escalation
US missile strikes on Bandar Abbas and Behbahan, Iran, and explosions in Dubai escalate conflict, threatening Strait of Hormuz oil transit.
Chevron advances talks with Iraq on pipelines to bypass Strait of Hormuz, set to sign oil investment accords on Friday, partially offsetting supply disruption risk.