LSE:BP.Oil and Gas
BP Supply Chain Review Tests Resilience And Valuation As Iran War Escalates
BP (LSE:BP) is reassessing its global supply chain and risk exposure after an escalation in the Iran war.
The conflict has effectively closed the Strait of Hormuz, disrupting oil flows and affecting major refineries worldwide.
BP’s chief economist has highlighted the scale and likely lasting impact of this disruption on energy markets and corporate risk planning.
LSE:BP is a large integrated energy company with operations across oil production, refining, trading, and growing lower carbon...