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Chevron CEO: Multiple Ships Attacked In Strait of Hormuz

Chevron said it will not pay Iran’s demanded passage fees as attacks left Strait of Hormuz traffic at about 10% of normal levels, Wirth said.

Summary by Oil Price
Multiple vessels transiting the Strait of Hormuz have suffered attacks this week, Chevron Corp. (NYSE:CVX) Chief Executive Officer Mike Wirth revealed in an interview on Bloomberg TV on Friday. According to Wirth, these previously unreported incidents highlight ongoing risks for ships plying the channel despite any ongoing diplomatic efforts. Commercial shipping traffic through the key chokepoint--which normally carries 20% of the world’s petrol…

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The Media Line broke the news in New York, United States on Friday, May 29, 2026.
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