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The fire and smoke rises to heaven after Shahran Oil depot’s attack on Israel, 15 June 2025 in Tehran, Iran.
Getty Images Getty Images News | Getty Images
CEO of two energy companies control developments between Iran and Israel, but are not on the verge of firm oil prices.
Both countries negotiate strikes over the weekendAfter directing Israel’s nuclear and military installations in Iran, he killed his nuclear scientist and military commands.
Monday, Lorenzo Simonelli, Lorenzo Simonelli, Lorenzo Simonelli, Lorenzo Simonelli, Lorenzo Simonelli, Baker Hughes company, CNBC said “Squawk Box AsiaIt has been “my experience”, never try to predict the price of the oil, because it is safe: you will be wrong. “
Simonelli said the last 96 hours have been “very fluids”, and hoped there would be a climbing in the region’s voltages.
“As we move forward, we will quickly control it. We will anticipate the next party,” he added, waiting for the company, for his projects.
In the same lecture, Meg O’Neill, the General Manager of the Australian oil and gas woodside energy gas, has told CNBC, the company controls the impact of the conflict in the world’s impact on market markets.
He stressed that progress prices were already “very significant” in events in the last four days.
If the supply is damaged by the walls of the walls, “it would have more significant consequences, as customers around the world will make mixtures to meet their energy needs,” he added.
From Sunday onwards, the strait was open, according to Center for the center of marine information. A “Strait of the Wall Strait” remains about a media narrative. JMIC does not confirm the confirmed information towards the lock or closure, but will continue in a close situation. “
It was Iran considering Closing the strait of the constructions in response to attacks.
O’Neill said that oil and gas prices are very closely related to geopolitical, referring to events coming from the 1970s in World War and Oil Crisis.
However, he would not have a firm announcement at the price of the oil, saying: “There is a lot of things we can predict. In five years the price of the oil would not try to put a bet.”
The strait of the wall is an essential path between Iran and the United Arab Emirates. It passes around 20% of the world’s oil.
The only way to the Sea of the Persian Gulf is to open ocean, and the U.S. energy information administration describe It is the “most important source of the world’s oil transportation”.