By Victoria Albert
American energy executives are lamenting the market chaos caused by the war in Iran, according to a new survey from the Federal Reserve Bank of Dallas. Many responses to the survey, which includes anonymous comments from companies in the oil and gas sector, said the unpredictability of the conflict has made it extremely difficult to gauge how prices will move. The survey is typically conducted quarterly, but the bank released a special update to measure sentiment around the war.
"Uncertainty is problematic in the oil and gas business, and this administration is the definition of uncertainty," one respondent said. Another said they didn't think the administration properly considered the long-term consequences of the war. "The disruption this will cause to energy markets and other macroeconomic measures will be significant," the person said. "The unpredictable nature of the current administration makes business modeling near impossible."
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
April 23, 2026 12:39 ET (16:39 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
Comments