CERAWEEK Chevron CEO says it will take time for energy to recover from Middle East production hit

Core Viewpoint - Chevron's CEO Mike Wirth expressed uncertainty regarding the speed of recovery for shut-in production in the Middle East due to the ongoing U.S.-Israel conflict with Iran [1] Group 1 - The ongoing conflict in the Middle East is impacting oil production levels [1] - Chevron is closely monitoring the situation to assess potential production recovery timelines [1] - The geopolitical tensions are creating volatility in the oil market, affecting supply dynamics [1]