The conflict complicates life for the custodians of Middle Eastern oil fortunes
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Residual risks and ruined infrastructure will keep prices high
The longer the war in the Gulf, the harsher the global economic fallout
Gulf states could join the conflict
The conflict, and the government, are depleting margins
A hypothetical third Gulf war closes the Strait of Hormuz, stranding a fifth of global oil and gas output and driving energy…
Exxon and Chevron have benefited less than their European rivals
