Chevron to Sign Iraq Oil Deal, Plans Pipeline to Bypass Strait of Hormuz
📡 Bloomberg Markets · 1 min read ·
Part of composite article Oil Giants Bypass Strait of Hormuz as Iran War Threatens 20% of Global Supply View full article →
Chevron Corp. expects to sign agreements with Iraq on Friday. The accords will advance negotiations for the company to invest in major oil fields. The deal also includes plans for a pipeline that would bypass the strategic Strait of Hormuz.