Source: Fortune
Summary
Energy CEOs are gathering in Houston for CERAWeek, where they’re discussing the impact of the war in Iran on the global energy supply. Chevron CEO Mike Wirth believes oil prices may be too low considering the physical manifestations of the Strait of Hormuz closure. Asian countries are stockpiling and conserving energy, while the war is also affecting supplies of helium and fertilizer. Middle Eastern leaders are participating virtually due to the conflict, and US CEOs are managing the consequences of the war.
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The numbers tell one story.
Chevron CEO Mike Wirth says oil prices may be too low. Asian countries are stockpiling and conserving energy. The war is crippling supplies of helium and fertilizer. Middle Eastern leaders are participating virtually. US CEOs are managing the consequences.
This war has caused lasting damage to friends and foes alike.
Author: Evan Null
