The fire and smoke grows in the sky after an Israeli attack on the Shahran oil depot on 15 June 2025 in Tehran, Iran.
Getty image | Getty Image News | Getty images
The CEOs of the two major energy companies are monitoring development between Iran and Israel – but they are not going to make firm predictions at oil prices.
Both countries traded the attack in the weekendAfter Israel targeted atoms and military facilities in Iran on Friday, some of its top nuclear scientists and military commanders were killed.
Speaking at the Energy Asia Conference in Kuala Lumpur on Monday, Chairman of Energy Technology Company Baker Hughes and CEO Lorenzo Simoneli told CNBC’s “CNBC” that “told that”Squalk box asia“That” has been my experience, never tries and predicts what the price of oil is going to be, because there is a certain thing: you are going to be wrong. ,
Simoneli said that the last 96 hours have been “very liquid,” and hoped that the area would have a de-size under stress.
He said, “As we move forward, we will clearly monitor the situation like everyone. It is moving forward very quickly, and we are going to estimate the aspect of what is next,” he said that the company will take a waiting-and-looking approach for its projects.
At the same conference, Australian oil and gas giant Woodside Energy CEO Meg O’Neel similarly told CNBC that the company is monitoring the impact of struggle on markets around the world.
He said that further prices were already experiencing “very important” effects in the light of the incidents of the last four days.
If the supply is affected through the Strait of Hormuz, “prices will have even more significant impact, as customers around the world will be hitting their feet to meet their energy needs,” he said.
Till Sunday, Strait remained open, according to A consultant from the joint maritime information centerIt said, “A media story remains on a possible blockade [Strait of Hormuz]JMIC has no information pointing to the blockade or closure, but will closely follow the situation. ,
Iran was Allegedly Closing the strainer of Hormuz in response to the attacks.

O’Neel said that oil and gas prices are closely associated with geopolitics, quoting as an example events that are before World War II and Oil crisis in the 1970s.
Nevertheless, she will not make a strong prediction at the cost of oil, saying, “There are many things we can forecast. The price of oil in five years is not something that I will try to make a condition.”
The Strait of Hormuz is an important waterway between Iran and the United Arab Emirates. About 20% of the world’s oil passes through it.
It is the only sea route from Persian Gulf to Open Ocean, and American Energy Information Administration It has been told It is in the form of “the world’s most important oil transit chokpoint”.