Energy giants Baker Hughes, Woodside shy away from making oil forecasts as Iran-Israel conflict escalates

1. Israel's attack on Iran escalates regional tensions and impacts energy markets. 2. Oil CEOs observe volatility but refrain from making price predictions. 3. Potential closure of the Strait of Hormuz could disrupt global oil supplies. 4. Regional conflicts historically affect oil prices, raising geopolitical concerns. 5. Current situation remains fluid, with companies adopting a wait-and-see approach.