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Exxon, Chevron warn of sustained high fuel prices amid Iran conflict

Exxon and Chevron warn of sustained high fuel prices due to the Iran conflict. Crude oil reaching a new all-time high by December 31 at 14.5% YES.

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Exxon and Chevron warn of sustained high fuel prices due to the Iran conflict. Crude oil reaching a new all-time high by December 31 at 14.5% YES.

Exxon and Chevron posted record quarters as the Strait of Hormuz conflict fueled shortages and a windfall-tax push in Congress.