US oil companies warn US President Trump not to allow Iran to impose a toll on tankers transiting the Strait of Hormuz as part of a future peace deal, via FT
Importance
Level 1
- Senior oil executives told the FT the only way to solve the energy crisis rippling across the world is to reopen the strait.
- US oil bosses are set to speak to Trump on Thursday afternoon and are expected to discuss reopening the strait and freedom of navigation as well as efforts to boost oil production.