Chevron CEO Warns Naval Escorts Likely Needed as Hormuz Reopens
Published by WarSignal Editorial · Last updated
Chevron’s chief executive, Patrick Pouyanné, said that naval escorts will probably be required when the Strait of Hormuz reopens after the recent closure.
Pouyanné made the statement during a briefing, noting that the U.S. Navy has already begun deploying warships to the area and that additional escort vessels may be necessary to protect commercial traffic.
The comments come as the U.S. and its allies prepare to secure the vital shipping lane that carries a significant portion of the world’s oil supply.
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