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Exxon Mobil CEO Predicts Oil Price Surge Amid Iran War

Exxon Mobil's CEO anticipates higher oil prices as a result of the Iran war, suggesting the market has not yet fully absorbed the conflict's economic impact. This comes as some oil giants are reportedly defying Trump's policies related to the conflict.

1 May, 17:06 — 1 May, 17:06
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cnbcMostly Factual90d ago

Exxon Mobil CEO expects higher oil prices due to Iran war: ‘The market hasn’t seen the full impact’

Oil prices have soared on the risk of escalation and then plunged on hopes for peace before repeating the cycle.

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Coverage Timeline

First report: helsingin-sanomat · 1 May, 13:30Full coverage: 2 · 4hWindow: 4h
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helsingin-sanomat1 May, 13:30First to report

Iranin sota | FT: Öljyjätit uhmaavat Trumpia

4h later
cnbc1 May, 17:06Latest update

Exxon Mobil CEO expects higher oil prices due to Iran war: ‘The market hasn’t seen the full impact’

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