Reported about 21 hours ago
Global energy executives convened in Kuala Lumpur for an oil industry conference, overshadowed by escalating tensions between Israel and Iran. The conflict has raised concerns over potential disruptions in oil supply, with Saudi Aramco's CEO emphasizing the critical importance of oil and gas during conflicts. Recent military actions by Israel, including attacks on Iran's nuclear facilities and South Pars gas field, add to the industry's uncertainty, though market reactions have been mixed.
Source: YAHOO