Phillips 66 (PSX) Presents at Piper Sandler 26th Annual Energy Conference 2026 Transcript

Question-and-Answer SessionRyan ToddPiper Sandler & Co., Research Division So maybe let's just jump in and start with the first question for everybody, which is that we might as well start with what's happening in the Middle East right now. It has ripple effects that are having significant impacts across multiple parts of your portfolio. So maybe at a high level, and we can touch in more detail later on. But at a high level, how is what's going on right now? How is it impacting your businesses across refin ...