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Iran Restricts Hormuz Traffic, Warns Energy Firms Exposed to U.S. Attacks
La RepúblicaLO·IR · US·about 14 hours ago
Major US oil refiners, led by Exxon's 2021 Beaumont lockout, are increasingly using lockouts to force union concessions in contract negotiations, marking a strategic shift in labor relations. This trend reduces union leverage and could set a precedent for future disputes, potentially impacting refinery operations and labor costs. The full scope of current negotiations and their operational impact remains unclear.