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Chevron chief on Iran war impacting energy markets: ‘The situation remains somewhat fragile and uncertain’

Chevron chief on Iran war impacting energy markets: ‘The situation remains somewhat fragile and uncertain’

Summary

Chevron CEO Mike Wirth said the war involving Iran has made the energy market fragile and uncertain. He mentioned risks affecting the routes used to transport oil exports.

Key Facts

  • Mike Wirth is the chair and CEO of Chevron.
  • He spoke during an interview on Fox News’s “Sunday Morning Futures.”
  • Wirth described the energy market as fragile and uncertain due to the Iran conflict.
  • The war poses risks to the routes used to transport oil exports.
  • The situation could impact global energy supplies.
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