Hunt Oil Boss Sees Middle East Conflict as ‘Nightmare Scenario’

Hunter Hunt, the grandson of famed Texas oil baron H.L. Hunt, is concerned about the impact from damaged Middle Eastern energy infrastructure that could leave oil production lower for years to come.

In a fireside chat led by Lorie Logan, president of the Federal Reserve Bank of Dallas, Hunt talked about a number of Iran war issues including shut-in oil production, damage to refineries and the effective closure of the Strait of Hormuz, through which about a fifth of the world’s crude used to flow.