Workflow
ExxonMobil CEO talks oil supply amid Iran-Israel conflict

ExxonMobil CEO Darren Woods said there is sufficient supply in the global oil market to withstand any supply disruption to Iranian exports. "There's enough spare capacity in the system today to accommodate any Iranian oil that comes off the market," Woods told Fox News' Bret Baier on "Special Report," adding that "The bigger issue will be if infrastructure for exports or the shipping past the Strait of Hormuz is impacted." Woods was referring to how the market is more concerned about the ongoing conflict be ...