Shell Explores South American Energy Projects

Shell CEO Wael Sawan warns of European energy shortages due to Middle East conflict.
Oil prices hit over $100/barrel after Iran blocks Hormuz strait.
Asian countries impose energy restrictions like four-day workweeks.
UK government offers targeted support amid energy crisis.
Shell explores 1-2 South American energy projects by year-end.
Sawan urges long-term strategies for energy resilience.

Energy | Conflict | Strategy

United Kingdom | Iran | South America

Rachel Reeves | Wael Sawan

2 weeks ago