Big Oil CEO is concerned about potential Middle East escalation, touts record US supply
Written by Black Hot Fire Network on January 9, 2024
New York
CNN
—
The American oil industry is on high alert for an escalation of the violence in the Middle East that disrupts the flow of oil out of the region.
Mike Sommers, CEO of the American Petroleum Institute, worries there is a growing chance the crisis will intensify and derail oil supplies.