In an interview on April 23, Chevron CEO Mike Wirth told “Face the Nation with Margaret Brennan” that it’s “very hard to predict” the Iran war’s lasting impact on energy prices “because markets are dynamic. They can respond to things that we don’t anticipate.” Source link
Earnings reports for Exxon Mobil and Chevron showed a decrease in profits during the last fiscal quarter due to Iran war disruptions. Despite the loss on paper, both U.S. oil giants topped Wall Street expectations when it came to revenue for the three month period ending March 31. CBS News business contributor Javier David has … Read more
Watch Margaret Brennan’s full interview with Chevron CEO Mike Wirth, a portion of which aired Sunday, April 26, 2026 on “Face the Nation with Margaret Brennan.” Source link
The following is the transcript of the interview with Chevron CEO Mike Wirth that aired on “Face the Nation with Margaret Brennan” on April 26, 2026. MARGARET BRENNAN: And we’re joined now by Chevron chairman and CEO Mike Wirth Welcome to ‘Face The Nation.’ MIKE WIRTH: Thank you, Margaret. MARGARET BRENNAN: It’s good to have … Read more
Washington — Chevron’s chief executive said it’s likely that the U.S. Navy may need to escort commercial vessels through the Strait of Hormuz once it reopens in order to ensure a level of security. The standoff over the strait has intensified amid Iran’s threats against the critical channel and a U.S. blockade on Iranian ports, … Read more
Chevron CEO expects air travel disruptions due to jet fuel shortage stemming from Iran war – CBS News Watch CBS News The war with Iran is disrupting global oil and gas supplies, sending prices skyrocketing. CBS News chief foreign affairs correspondent and “Face the Nation” moderator Margaret Brennan spoke with Chevron CEO Mike Wirth about … Read more
Washington — Chevron’s chief executive predicted travelers could see airline fares rise and fewer flights available in the coming weeks, as the standoff with Iran over the Strait of Hormuz continues to rattle global markets and drive up the price of fuel. “We’ve seen some upward pressure on gasoline prices now. I think aviation is … Read more
“Flights may not be as abundant as they otherwise would have been,” Chevron CEO Mike Wirth told Margaret Brennan. “I think planes will probably be more full than they would have been. And yes, fares, fares could be higher.” Source link
NEWYou can now listen to Fox News articles! The Supreme Court ruled Friday in favor of Chevron in a case over whether a Louisiana environmental lawsuit can proceed in federal court. In Chevron USA Inc. v. Plaquemines Parish, the justices held that the case falls within the federal officer removal statute, allowing Chevron to move … Read more
As gas prices continue to soar in the U.S. and across the globe amid the war with Iran, Chevron executive Andy Walz suggested Americans could save money by driving less and trying to conserve energy. “People should try to drive less. They should try to conserve energy,” Walz told CBS News when asked how Americans … Read more