US EditionGlobal Economy Would Suffer If Middle East War Lasts More Than Six Months – TotalEnergies
5 Articles
5 Articles
The CEO of the French oil giant TotalEnergies, Patrick Pojan, warned that a long-term war between the US and Israel against Iran could have serious consequences for the world economy.
The rise of tensions in the Middle East and the blocking of the Strait of Ormuz are worrying to the major oil groups. Patrick Pouyanné, CEO of TotalEnergys, warns about the economic consequences of a conflict that would be long-term.
A prolonged conflict in the Middle East, which would last "more than six months", would cause "real impacts" on the world economies, which "in turn have a negative impact on...
"All economies will suffer" if the war lasts, warns the CEO of TotalEnergies Patrick Pouyanné. This sentence may seem obvious, but it is important and not so self-evident, which is why it must be emphasized. Total sells oil. The more oil is expensive, the more Total earns money, especially on its [...]
Global Economy Would Suffer If Middle East War Lasts More Than Six Months – TotalEnergies
If the war in the Middle East drags out more than six months, economies around the world would suffer “real impacts”, the head of French oil giant TotalEnergies said on Sunday. “If it’s more than six months, we will have some real impacts. All the economies of the world will be damaged,” CEO Patrick Pouyanne […]
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