Energy security is key to securing national security, Shell CEO Wael Sawan said on Tuesday, warning that the supply disruptions from the U.S.-Israel war with Iran that have hit Asia could creep into Europe by next month.
“We are trying to work with governments to just alert them to the various levers they will need to pull, including on the demand side, including what they need to do around storage, what they need to do around purchasing,” he said while speaking at the CERAWeek conference in Houston, Texas.
(Reporting by Stephanie Kelly in Houston; Writing by Liz Hampton)