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ExxonMobil CEO Darren Woods describes the influence of the global oil market on the “Special Report” of the Middle East conflict.
The growing conflict between Israel and Iran is significantly reduced in the global oil market, which can increase up to $ 120 to $ 120 due to the potential threat to a potential traffic.
West Texas ArtMediate, the price of a non-crude oil criterion, is sitting on a one-year high, the conflict between the global benchmark brent brand Israel and Iran is approaching a five-month height.
President Donald Trump On Tuesday, the United States, which is preparing to create more volatabies in the market, creating more volatabies in the market, said he could prepare until the strategy of financial service.
ExxonMobil CEO speaks of oil supply between Iran-Israeli conflict
From the storage of storage of shagment, 16 June 2025, the second day of the north-west of Tehran. (Getty Images / Getty Images)
But Manthey said the “main concern for the market” that the Persian Gulf is a violation of traffic through critical water connecting with the Gulf of Oman and the Arab Sea. The waterway is quite wide enough to manage the world’s largest crude oil tankers. Therefore, it is considered one of the world’s most important oil fragments Energy Information Management (EIA).
ExxonMobil CEO Darren Woods Despite the global oil supply to prevent the supply of global oil supply, global marine carving oil trade has a large impact on oil transportation in almost one-third.
Tehran has risen from a heavy smoke from an oil refining plant in Southern Tehran, and on June 15, 2025 was shot in one night after a while. (Via ATTA Kenare / AFP Getty Images / Getty Images)
In 2024, about 20 million barrels of oil and global oil liquids per day, about 20% of global oil liquids flowed from the water path. According to EIA, there is a slight alternative option from oil from the shutter if it was closed.
Oil prices are spikes after Israel’s holiday in Iran
An important violation of these streams would be sufficient to push prices $ 120 for the barrelAccording to the MANTHEY. However, if the violations continue to the end of the year, Brent’s high-ranking records in 2008 will be able to trade with about $ 150, he can trade in new record heights.
On March 6, 2025, President Donald Trump, on March 6, 2025, “Donald” sent a letter to Donald Ali Khamenei on March 6, 2025. (Using Getty Images / Getty Images) Fox News View)
“If this happens, we have to see the governments have become strategic oil reserves,” Manthey said that this was located in the strategic oil reserves, including 400 million barrels of crude oil.
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MANTHEY said that there will be another solution to a reserve production capacity of gasoline-exporting countries (OPEC +), which is more than 5 million barrels.
“If in the process of supplying on the Internet, a violation for the supply of Iran can offer this supply to a faster,” he said.
