Shell CEO Warns of Prolonged Crude Supply Disruption Until 2027
Shell CEO Wael Sawan warned that crude oil and liquefied natural gas shortages caused by the shutdown of the Strait of Hormuz could last for months and potentially into 2027. This disruption may have significant implications for global energy markets and supply chains.
Tickers: $SHEL
Topics: energy shortages oil and gas supply chain Strait of Hormuz shutdown