# Global oil supply will not snap back quickly after Iran war, Phillips 66 CEO Lashier says.

*business · news · 2026-04-16 · Seeking Alpha*

## Key points

- Phillips 66 CEO Mark Lashier predicts Middle East oil disruption impacts will linger for years.
- Lashier states that global oil supply will not recover quickly after the recent Iran conflict.
- Some oil market effects will rebound quickly, but others will have a prolonged recovery timeline.
- Phillips 66 sees the 'tail effect' of oil shocks profoundly shaping market conditions long-term.

**Companies:** Phillips 66
**Countries:** Iran

[Read the full story on Seeking Alpha](https://seekingalpha.com/news/4575839-global-oil-supply-will-not-snap-back-quickly-after-iran-war-phillips-66-ceo-lashier-says)

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