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TotalEnergies CEO says Middle East oil mega-trades followed US Navy moves into Gulf

Thu, 28th May 2026 14:44

PARIS, ⁠May ​28 - French oil ​major ‌TotalEnergies made ⁠the decision to ⁠buy ​large amounts of Middle East ​crude ‌in March after its traders ​noticed the ‌US Navy massing ships ‌near the Persian Gulf in February, ​its CEO told ‌French newspaper Le Figaro in an ⁠interview ⁠published ‌on Thursday. (Reporting by ​America ​Hernandez ‌in Paris; Editing by Makini Brice and)

Corporate News Commodities Oil & Gas Government & Politics Total Energies Shell

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