What is Chevron's official stance on paying a toll to transit the Strait of Hormuz, according to CEO Mike Wirth?

Chevron will not consider paying a toll to move ships through the Strait of Hormuz, as explicitly stated by CEO Mike Wirth in his interview with Bloomberg TV.

How many Chevron-chartered vessels are currently in the Strait of Hormuz, and who bears responsibility for deciding whether they transit the waterway?

Chevron currently has six vessels under charter—owned by a third party—in the Strait of Hormuz, and it is the ship owner, not Chevron, who decides whether or not to move through the strait.

Chevron Won't Pay Toll to Move Ships Through Hormuz, CEO Tells Bloomberg TV

May 29, 2026

Chevron CEO Mike Wirth stated the company will not pay tolls to transit the Strait of Hormuz amid recent vessel attacks. He noted that ship owners must feel safe to resume normal trade operations through the waterway.

reuters

2026-05-29

Chevron Won't Pay Toll to Move Ships Through Hormuz, CEO Tells Bloomberg TV

Chevron Won't Pay Toll to Move Ships Through Hormuz, CEO Tells Bloomberg TV

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