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Chevron’s Bypass Plan for Hormuz Crisis | Raleigh News
Chevron is racing to secure a lifeline for Iraqi oil by negotiating a major pipeline deal that would bypass the Strait of Hormuz entirely, amid the world’s largest energy disruption since the 1970s. With 20% of global oil supply now at risk, Iraq’s exports have plummeted, prompting its PM to personally lobby Chevron and Trump. Though non-binding, these talks signal a strategic pivot for Chevron to build a more resilient supply chain — and could be the first step in reshaping global oil routes before their Q2 earnings hit the market. Listen in comfort:Get a discount on a Soli Pillow…
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