Phillips 66 CEO Says Hormuz Supply Disruptions May Linger Amid Shipping Uncertainty

(Reuters) – U.S. refiner Phillips 66 CEO Mark Lashier said on Tuesday it would take time for crude supplies to clear through the Strait of Hormuz, as uncertainty remains around a return to normal shipping activity. Passage through the Strait of Hormuz is continuing on a limited basis, easing immediate supply concerns and pushing crude … Read more