Shell CEO Warns of Supply Chain Disruptions in Middle East ...Middle East

Shell is being “very careful” with its tanker movements in the Middle East amid the hostilities between Israel and Iran, Reuters reported today, citing chief executive Wael Sawan. “The escalation in tensions over the last few days, in essence, has added to what has already been significant uncertainty in the region,” Sawan told an industry conference in Japan. “We're being very careful with, for example, our shipping in the region, just to make sure that we do not take any unnecessary risks.” Shell has extensive…

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