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US Oil Giant Warns Trump Administration: Energy Crisis May Worsen
People’s Financial News, March 16 — On March 15, local time, reporters learned that recently, high-ranking executives in the U.S. oil industry have been warning the Trump administration that the energy crisis triggered by the Iran situation could worsen further. According to informed sources, during a series of White House meetings held on March 11 and recent communications with U.S. Energy Secretary Rick Perry and Interior Secretary Ryan Zinke, CEOs of ExxonMobil, Chevron, and ConocoPhillips warned that disruptions in energy transportation through the Strait of Hormuz would continue to cause significant volatility in the energy markets. (CCTV News)