On May 30, according to CCTV Finance, at a meeting hosted by investment firm Bernstein, the CEO of U.S. oil major Chevron, Mike Worth, said that due to the situation in Iran, global crude oil inventories have been continuously falling, and oil prices are very likely to rise over the next two months. The Financial Times reported that Worth’s remarks reflect widespread concern: even if the parties to the conflict finalize a ceasefire agreement, the conflict’s negative impact on energy prices will continue for several months. In addition, according to CNN on the 28th, affected by the ongoing geopolitical conflict in the Middle East, U.S. strategic petroleum reserves are declining at a pace rarely seen in recent years, and commercial crude oil inventories are also at low levels.

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