Saudi Aramco CEO Withdraws from Key Energy Conference Amid Iran Tensions

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Aramco CEO Amin Nasser Skips CERAWeek Amid Escalating Iran Conflict

An employee visits the Natural Gas Liquids (NGL) facility at Saudi Aramco's Shaybah oil field in the Rub' Al-Khali desert, also known as the 'Empty Quarter,' in Shaybah, Saudi Arabia, on Tuesday, Oct. 2, 2018. Saudi Arabia is seeking to transform its crude-dependent economy by developing new industries, and is pushing into petrochemicals as a way to earn more from its energy deposits.

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CNBC TV18•23-03-2026, 07:16

Aramco CEO Amin Nasser Skips CERAWeek Amid Escalating Iran Conflict

•Saudi Aramco CEO Amin Nasser canceled his CERAWeek appearance to remain in Saudi Arabia due to the Iran conflict.
•Nasser's withdrawal highlights the severe challenges posed by the ongoing Iran crisis, now in its fourth week.
•The conflict has caused over 2,000 deaths, disrupted global markets, and led to Iranian retaliatory strikes on Gulf energy infrastructure.
•US President Donald Trump threatened to bomb Iran's power plants if the Strait of Hormuz is not fully reopened.
•Aramco is piping crude from its east to west coast to bypass the Strait of Hormuz, facing its biggest crisis since the COVID-19 pandemic.

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