Chevron CFO Eimear Bonner said companies and consumers may have to wait for relief from higher energy prices until shipping through the Strait of Hormuz resumes at a predictable level and more refining capacity comes back online. Bonner made the remarks Tuesday at a WSJ Leadership Institute dinner in New York, after being asked on stage by Alan how long the increases could last. Crude oil and gas prices have risen 50% since the start of the Iran war, while diesel prices are up 70%.