Chevron CEO says Red Sea risk to oil ‘very real’

Chevron CEO says Red Sea risk to oil ‘very real’

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The CEO of oil giant Chevron on Tuesday warned the ongoing tensions in the Red Sea pose “very real” risks to oil flows and prices as Yemen’s Houthi rebels increase attacks against Israel and commercial shipping in the region. Asked by CNBC about what the Houthi attacks could be for the global oil…

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