America’s energy exports have hit record highs as the world navigates the uncertainty surrounding oil and gas shipments through the Strait of Hormuz.
Chevron reached agreements with the Venezuelan government to expand its operations in the world’s largest extra-heavy crude oil field, the Orinoco Belt.
The bottleneck in the Strait of Hormuz is disrupting the global economy, highlighting the urgent need for expanded U.S. infrastructure, especially pipelines.