CEO Chris Calio emphasized the urgency of delivering critical products for national security, stating, 'We understand that our products are critical to national security. And I can tell you across the organization, we absolutely feel the responsibility and urgency to deliver more and to deliver it faster.'
The war has effectively blocked the Strait of Hormuz, the world's most important oil route, since the end of February and cut exports from OPEC+ members Saudi Arabia, the United Arab Emirates (UAE), Kuwait and Iraq.
Meloni met the Qatari leader to discuss the energy crisis due to the ongoing United States and Israeli war on Iran, emphasizing Italy's readiness to contribute to the rehabilitation of Qatari energy infrastructure.
The ongoing conflict between the US and Israel against Iran is creating significant challenges for Gulf Arab nations, which are already feeling the economic strain from rising tensions and instability in the region.