Iranian missile attacks severely damage Western oil giant, causing billions in losses due to turmoil in the Strait of Hormuz

The Wall Street Journal: Iranian missile attacks have caused Western major oil companies losses amounting to billions of dollars.

Disruptions in traffic through the Strait of Hormuz have also restricted oil production and exports, significantly increasing investment risks in the region.

Oil giants such as Shell, ExxonMobil, Chevron, ConocoPhillips, and TotalEnergies have suffered the most severe losses.

Original: toutiao.com/article/1860535516046336/

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