Chevron CEO warns oil buffers that cushioned the Iran war shock have been ‘drained’—and diesel relief may not come until 2027
- Iran: 564 events in the last 90 days
- Previous: earlier the same day · G20 finance ministers, central bankers gather amid fallout from Iran war
What happened
Mike Wirth says commercial stockpiles, emergency reserves, and once-sanctioned barrels have all been tapped, leaving the global energy system more exposed just weeks before the midterms.
Summary assembled by rule from the sources below