US strikes against Iran caused Brent oil prices to fall, amidst ongoing geopolitical tensions in the Strait of Hormuz.
1 report, 1 independent
Updated Jun 11
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What happened
US strikes against Iran caused Brent oil prices to fall, amidst ongoing geopolitical tensions in the Strait of Hormuz.
Who's involved
What this event is mainly aboutKeep exploring
Part of
ExxonMobil made over 35 oil discoveries in Guyana, making it a major producer, while Middle East tensions persist over the Strait of Hormuz.Also in this story
- Project success in Guyana has accelerated investment recovery for ExxonMobil.
- Oil discoveries in Guyana are being hampered by issues with the existing contract terms.
- Retaliatory attacks in Hormuz caused a steep drop in LNG traffic and damaged minority interests in LNG trains.
The entities involved
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Hormuz
city in Hormozgan Province, Iran