Leading executives from America’s largest petroleum companies have alerted President Donald Trump’s administration that the current energy crisis stemming from conflict involving Iran is expected to intensify, according to a Wall Street Journal report published Sunday.
Top officials from Exxon, Chevron, and ConocoPhillips delivered these warnings during White House meetings held last Wednesday, as well as in recent discussions with Energy Secretary Chris Wright and Interior Secretary Doug Burgum, the newspaper reported, citing sources with knowledge of the conversations.
The oil industry leaders expressed concerns that ongoing interference with energy transportation through the strategically important Strait of Hormuz shipping channel will persist in causing instability across worldwide energy markets, according to the report.
Reuters has not been able to independently confirm these details at this time.
