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Bp Ceo Warns Mideast Tensions Pose Major Risk to Energy Markets

BP CEO Warns Mideast Tensions Pose Major Risk to Energy Markets

ABU DHABI – Tension in the Middle East is the top risk facing energy markets, BP CEO Murray Auchincloss told an industry event in Abu Dhabi.

Auchincloss also said that the world will require a lot of new investment in oil and gas to maintain supplies, regardless of a possible settling of demand in the coming years.

(Source: Reuters)

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Mark Glenn
Mark Glenn is a financial journalist and breaking news reporter for ABBO News. Mark is known for his ability to deliver real-time news updates on market developments, mergers and acquisitions, corporate earnings reports, and regulatory changes, helping investors stay informed and make sound financial decisions.