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Stock impact report

How CEOs are grappling with the greatest energy shock ever [Fortune]

S&P Global Inc. (SPGI) 
Last s&p global inc. earnings: 4/28 07:10 am Check Earnings Report
US:NYSE Investor Relations: stocktwits.com/symbol/s
Company Research Source: Fortune
The markets: Mixed globally as uncertainty hangs over the Iran war Plus: All the news and watercooler chat from Fortune Good morning. Energy leaders from around the world are in Houston right now for the annual CERAWeek gathering, organized by S&P Global. A major theme, of course, is the effective closure of the Strait of Hormuz, which has cut off 20% of the world's crude oil and liquefied natural gas, creating the greatest global energy supply shock ever Recommended Video As Fortune's Energy Editor Jordan Blum reports from Houston, Chevron CEO Mike Wirth believes oil prices may be too low. As Wirth told attendees: “There are very real physical manifestations of the closure of the Strait of Hormuz that are working their way around the world through the system that I don't think are fully priced in.” Indeed, hard-hit Asian countries are trying to stockpile and conserve energy through work-from-home efforts , school closures, and more. The war is also crippling supplies of he Show less Read more
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