Overview
- More than 10,000 attendees are converging on the conference as sessions center on war-driven supply shocks from Gulf attacks and the effective shutdown of the Strait of Hormuz.
- Saudi Aramco CEO Amin Nasser has canceled his appearance to remain in Saudi Arabia, while Kuwait Petroleum’s chief will participate virtually on March 24.
- S&P Global’s Daniel Yergin calls it “the biggest disruption in world oil in history,” citing strikes on energy facilities in Iran, Qatar and other Gulf states.
- Oil prices are climbing, with Brent topping $110 early Monday, as Aramco reroutes crude via the East–West pipeline and briefly halted loadings at Yanbu after an attack.
- The program features U.S. Energy Secretary Chris Wright and a plenary with Venezuelan opposition leader Maria Corina Machado as Washington lifts key sanctions that could draw oil companies back to Venezuela.