Yasir Al-Rumayyan, chairman of Saudi state-owned oil company Saudi Aramco and governor of Saudi Arabia’s $1 trillion Public Investment Fund, has urged policymakers to adopt what he called “energy realism” in response to the Iran war’s impact on global markets.
Speaking at the opening session of the Future Investment Initiative (FII) Priority Europe summit, hosted in Rome last week, Al-Rumayyan was asked for his key takeaway from the recent conflict for global energy security. “Energy realism, that’s what we need to really focus on,” he said.
