Mike Wirth

The risks are very clear, and there are some risks that I think people would view differently today.

But the terms are also better than they've historically been.

The Middle East has been a tough place to get a good return on your investment, and countries there have been willing to engage in negotiations that offer what we view as a fair balance of returns for investors.

The risks are very clear and there's some risks that I think people would view differently today.

But the terms are also better than they've historically been.

The Middle East has been a tough place to get a good return on your investment.

And countries there have been willing to engage in negotiations that offer what we view as a fair balance of returns for investors.

The risks are very clear and there's some risks that I think people would view differently today.

But the terms are also better than they've historically been.

The Middle East has been a tough place to get a good return on your investments.

And countries there have been willing to engage in negotiations that offer what we view as a fair balance of returns for investors.

Freedom of navigation through international waterways is a very well established principle.

And anything like this would begin to say that countries adjacent to an international waterway can charge some sort of a transit fee.

There are many other places in the world where that principle could be applied, and not just to energy products, but to all

freight moving through the Straits of Malacca, the Bosporus, pick your choke point.

And so that's not a principle I think that most countries in the world would find acceptable.

There have been vessels that have been in transit that have suffered attacks.

More than what we've heard of in the press?

Yes.

Our reports would indicate that.