World has 'never experienced' soaring refining margins like this, TotalEnergies CEO tells CNBC
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Source: CNBC
Published: 2026-03-25 06:27 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Middle East, Military & Defence, Iran, Energy, World News, War & Conflict
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Snippet:
Roughly 15% of TotalEnergies' production is offline, as the war with Iran nears the one-month mark, but surging oil prices have more than made up for the lost barrels, chairman and CEO Patrick Pouyanné told CNBC in an exclusive interview.
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