| petite6 |
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| Jokers Wild |
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| Reged: 08/14/06 |
| Posts: 189437 |
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 ‘The worst I’ve seen’: Oil industry grapples with the fallout from Trump’s war with Iran
03/24/26 04:02 PM
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https://www.politico.com/news/2026/03/24/the-worst-ive-seen-oil-industry-grapples-with-the-fallout-from-trumps-war-with-iran-00841820
HOUSTON — Global energy leaders have been jolted by the enormity of what President Donald Trump’s war against Iran means for their business — and they’re not liking what they’re seeing.
It’s the second time in four years that top White House officials have taken the stage at the CERAWeek by S&P Global conference to plead with producers to ramp up their drilling to cover supply disruptions from war-driven oil and natural gas price shocks. But unlike the coordinated international response to counter Russia’s 2022 attack in Ukraine, the Trump administration’s war against Iran has drawn little support from allies and has seemed disturbingly ad hoc, industry executives said, leaving the industry feeling unsure on how to react.
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