Trump administration officials urged US oil producers to boost output, driving home a message to the industry that’s become more urgent amid the war in Iran.
Interior Secretary Doug Burgum and Energy Secretary Chris Wright made their plea during a videoconference Thursday with roughly a dozen oil executives, including representatives of Exxon Mobil Corp., Chevron Corp. and Continental Resources Inc.
President Donald Trump’s team has for months pushed the industry to produce more oil. But now the administration is grappling with a global supply shock caused by the effective closure of the Strait of Hormuz, which normally ...
