President Trump met top energy executives at the White House to discuss the
energy impact of the Iran war and broader market conditions, Axios reports.
Attendees included Chevron CEO Mike Wirth, alongside officials such as Chief of
Staff Susie Wiles, Treasury Secretary Scott Bessent, and envoys Steve Witkoff
and Jared Kushner. Discussions covered domestic production, Venezuela, oil
futures, natural gas, and shipping. The administration noted frequent engagement
with industry leaders as U.S. gasoline prices rose to $4.18 per gallon, the
highest since 2022, amid Strait of Hormuz disruptions and global supply
uncertainty. While measures like Jones Act waivers were introduced, options
remain limited. The supply shock is tightening markets but boosting U.S. oil and
LNG export prospects.
