Chevron labor dispute threatens global gas supply as Australia intervenes in energy industry
- Chevron workers in Australia initiated strikes at major LNG export facilities.
- The strikes have temporarily disrupted over 5% of global LNG supply.
- Chevron has asked Australia's Fair Work Commission to intervene and end the strike.
- The Commission will hold a hearing but a timely resolution is uncertain.
- Australia is implementing new regulations on its gas industry amidst energy supply concerns.