Chevron CEO Says Key Black Sea Marine Terminal Back in Service

Chevron's CEO, Mike Wirth, announced that a critical Black Sea marine oil terminal is back in service, loading crude onto tankers. This news is significant for global oil supplies, as the terminal, which handles 2% of the world's daily oil, had previously halted operations due to Ukrainian drone strikes. Chevron, with a 15% ownership in the connected pipeline, confirmed continued efforts with various governments to ensure the pipeline remains operational.