Strait of Hormuz: 9 results · Clear search
CNBC’s 31 July interview with ExxonMobil CEO Darren Woods addresses refinery operations during the Iran conflict and the difference between crude-market moves and retail fuel prices.
At Atlantic Council, ADNOC’s CEO described prolonged Hormuz recovery, low spare capacity and the need to rebuild inventories and invest in supply infrastructure.
Bloomberg reported on 28 April that Shell CEO Wael Sawan saw Hormuz-related oil and LNG shortages lasting for months and possibly into 2027, after large supply losses were partly replaced by inventory drawdowns.
Taped April 23 and aired April 26, Wirth described Hormuz exposure, inventory drawdowns and uneven recovery times for damaged production and LNG infrastructure.
At CERAWeek, Lance said losing 8–10 million barrels per day of oil and roughly one-fifth of LNG supply would have major consequences and force inventory and futures-curve adjustments.
CNBC’s verified YouTube channel published its CERAWeek conversation with TotalEnergies CEO Patrick Pouyanné on 24 March. The source does not state the exact recording day.
Reuters reported on 12 March that Equinor CEO Anders Opedal said the company had no spare oil or gas capacity to lift output during Middle East supply shortfalls.
In a 10 March Reuters interview, ExxonMobil CEO Darren Woods said non-essential staff had left Middle East operations and some activity was being scaled back to manage inventories as Hormuz shipping was challenged.
Rising geopolitical tensions, disruptions to energy trade and competition between major economies reshaped global energy markets throughout 2026. In an interview with Wellficent, ENPRODE CEO Yüksel Güler assessed the transformation of the world energy system, from oil prices and the Middle East to the Russia-Ukraine war, US-China rivalry, AI-driven electricity demand and nuclear power. In Güler’s view, the defining concept of the coming period will not be “cheap energy” but “reliable and uninterrupted energy”.
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