Chevron CEO says attack on Saudi Arabia's oil facilities shows that 'risk is real'

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Attack on Saudi oil facilities shows that 'risk is real', Chevron CEO Michael Wirth said on CNBC's 'Closing Bell' Monday.

Wirth said these risks are "a feature" of Chevron's business and "while you can never predict when an event like this might occur, you always need to be prepared."

"If there's a company that can rebound quickly from something like this, it's Saudi Aramco," Wirth said. Chevron's Wirth said making those barrels available and "calming markets" is the "right thing for the president to do."analysis

 

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So does that make it America's problem. Do we fight Saudi wars now or do they fight there own battles.

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