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Politics
Exxon CEO warns gas prices haven’t yet peaked
May 1, 2026
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Posted 2 hours ago by
Exxon Mobil Chairman and CEO Darren Woods said Friday that the oil market has not yet absorbed the full supply shock from the war in Iran and the closing of the Strait of Hormuz, warning that prices will climb further the longer the waterway stays shut. The comments, delivered on the company’s first-quarter earnings call, []...Click to read more
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