Chevron CEO says it's "very hard to predict" the Iran war's lasting impact on energy prices
Summary
Chevron CEO Mike Wirth said it is difficult to predict how the war in Iran will affect energy prices in the long term. He explained that energy markets can change in unexpected ways.Key Facts
- Mike Wirth is the CEO of Chevron.
- He spoke in an interview on April 23 on the show "Face the Nation."
- Wirth said predicting the lasting impact of the Iran war on energy prices is very hard.
- He noted that energy markets are dynamic, meaning they can change quickly and unexpectedly.
- The discussion focused on how global events like the Iran war might influence prices for oil and gas.
- Chevron is a major company involved in energy production.
- The statement highlights uncertainty in the energy market due to geopolitical conflicts.
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