Channel NewsAsia
AsiaPac · 4 hrs ago
✦ 78◉ Centre
Hormuz block sparks 'never seen before' disruption: Shell CEO
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Quality 78/100
Partisan intensity 35/100
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◉ Centre ✓ Fair headline
Shell's CEO states that more than 10% of global oil production has been removed from markets since the Middle East conflict began, describing it as an unprecedented disruption to energy supply.
Hormuz block sparks 'never seen before' disruption: Shell CEO
More than 10 per cent of global oil production has been removed from the market since the start of the Middle East war, Shell CEO Wael Sawan told a summit of top business leaders.
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