On March 15 local time, it was learned that senior executives from the U.S. oil industry have recently warned the Trump administration that the energy crisis triggered by the Iran situation is likely to intensify further. According to informed sources, during a series of White House meetings held on March 11 local time and recent communications with U.S. Energy Secretary Wright and Interior Secretary Bergum, the chief executives of ExxonMobil, Chevron, and ConocoPhillips issued warnings that disruptions to energy transport through the Strait of Hormuz will continue to cause significant volatility in energy markets.
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