Exxon Mobil CEO expects higher oil prices due to Iran war: ‘The market hasn’t seen the full impact’

Oil prices have soared on the risk of escalation and then plunged on hopes for peace before repeating the cycle.

# Exxon Mobil CEO expects higher oil prices due to Iran war: ‘The market hasn’t seen the full impact’ Oil prices have soared on the risk of escalation and then plunged on hopes for peace before repeating the cycle. **Read the full article:** [CNBC](https://www.cnbc.com/2026/05/01/exxon-ceo-iran-war-oil-strait-hormuz.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*