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.

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(Source: Reuters)

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