Washington DC, March 16 -- Oil industry leaders have warned US President Donald Trump and his administration that the ongoing disruption of the Strait of Hormuz is likely to worsen the global fuel crisis, according to a report by The Wall Street Journal (WSJ).
The report stated that American oil executives cautioned officials that the energy crisis triggered by the Iran war could intensify as disruptions in the vital waterway continue to affect global energy flows.
According to WSJ, in a series of White House meetings held on Wednesday and recent conversations with Energy Secretary Chris Wright and Interior Secretary Doug Burgum, the chief executives of Exxon Mobil, Chevron, and ConocoPhillips expressed concerns over continued volatilit...
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