Major oil companies eye Middle East investments despite war — newspaper

🌐 TASS (Russia) —
Major oil companies eye Middle East investments despite war — newspaper

AI Summary

TotalEnergies CEO Patrick Pouyanné sees the Middle East as offering some of the world's cheapest oil. Major oil companies are reportedly considering investments in the region despite the ongoing war.

Patrick Pouyanne, chief executive of France’s TotalEnergies, believes the Middle East still has the cheapest oil

World Conflict Markets Deals Commodities Energy Middle East oil investment TotalEnergies war oil prices

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