Iran & Darren Woods

Iran: Iran is the other primary belligerent, facing military strikes and economic sanctions. Its blockade of the Strait of Hormuz has disrupted global oil supplies, but it suffers from economic decline and international isolation.

Darren Woods: Exxon CEO said refining challenge will be with the world for a while and stressed need for Hormuz shipping.

Iran: Iran has shifted to a 'fully offensive' posture, threatened to break the US blockade, and kept the strait closed. The country faces severe economic strain with inflation above 80% and oil exports down sharply.

Darren Woods: As Exxon CEO, warned that refining challenges will persist and stressed the need for Hormuz reopening.

Iran: War and Hormuz closure have disrupted global refining and fuel supplies, causing record margins and high prices.

Darren Woods: As Exxon CEO, warned that refining challenges will persist and stressed the need for Hormuz reopening.

Iran: Iran is facing protests with a rising death toll and threats of strikes from Donald Trump, who also claims Iran wants to negotiate.

Darren Woods: Darren Woods, CEO of ExxonMobil, called Venezuela 'uninvestable', which displeased Donald Trump.

Darren Woods: Darren Woods, ExxonMobil's CEO, has overseen an increase in output over the past three years, which is relevant context to the current production losses.