Wael Sawan said that the oil giant is trying to ‘work with governments to alert them to the levers they may need to pull,’ including ‘demand‑side measures.’
Gas markets reacted as Iranian strikes and counterstrikes hit Gulf energy sites, raising fears of supply shocks amid already low European storage levels.
Some say markets have long priced in Iran conflict risk and it’s ‘no black swan,’ while others say a prolonged crisis could leave lasting economic scars.
Wael Sawan said that the oil giant is trying to ‘work with governments to alert them to the levers they may need to pull,’ including ‘demand‑side measures.’
Gas markets reacted as Iranian strikes and counterstrikes hit Gulf energy sites, raising fears of supply shocks amid already low European storage levels.
Some say markets have long priced in Iran conflict risk and it’s ‘no black swan,’ while others say a prolonged crisis could leave lasting economic scars.