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Risks
1. Geopolitical Risk: Chevron has operations in many countries around the world, which exposes it to the risk of political instability and changes in government that could negatively affect its operations.
2.Commodity Price Risk: Chevron’s business is highly dependent on changes in the price of crude oil, and the company is exposed to price volatility due to fluctuations in the global market.
3.Environmental Risk: Chevron’s operations involve the use of hazardous materials, which can lead to environmental damage if not managed properly.
4.Regulatory Risk: Chevron is subject to the risk of changing government regulations that could adversely affect its operations and profitability.
5.Legal Risk: Chevron is exposed to the risk of litigation related to its operations if it fails to adhere to environmental and safety regulations.