The Trump administration is sending its top energy officials to Houston this week to meet with oil industry executives and foreign dignitaries – and they can expect to get an earful as its war in Iran has sent their industry into upheaval. If there’s one message the industry wants to deliver to the administration it’s this: People need to know when the conflict that is already causing major damage to their world order will end.
“Generally in the elevator pitch, people are going to say, ‘Look, we need to know duration, and we need to know infrastructure possibilities. We need to make sure that the uncertainties are as limited as possible,’” Bracewell’s Frank Maisano told Politico.
“The events in Iran have just kind of overwhelmed what anybody was thinking this year might be about,” Maisano added.