Energy titans at the CERAWeek conference in Houston are sounding the alarm, warning that the U.S.-Israel conflict with Iran is causing long-term damage on the global economy.Despite the White House’s energy chief aiming to ease concerns, the executives of oil giants like TotalEnergies, Chevron, Abu Dhabi’s ADNOC and Vitol Americas expressed concern about prolonged Iran-linked volatility."The consequence is not only high energy prices. It will damage other supply chains," TotalEnergies CEO Patrick Pouyanne said, according to Reuters."This is raising the cost of living for those who can least af...
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