Chevron CEO: Naval Escorts Likely Needed When Hormuz Reopens — Air Travel Getting Worse

# Chevron CEO: Naval Escorts Likely Needed When Hormuz Reopens — Air Travel Getting Worse

> **Quick answer:** Chevron CEO Mike Wirth said on CBS Face the Nation on April 26, 2026 that naval escorts will likely be necessary when the Strait of Hormuz reopens, citing mines and land-based threats. He also warned that air travel prices will "get worse over the next few weeks" as jet fuel surges more than 80% year-on-year and airlines cut routes globally.

Chevron CEO Mike Wirth made two of the most consequential statements on energy security heard this year on CBS Face the Nation this morning — and if you have a summer flight booked, you need to know both of them. The Strait of Hormuz, which carries roughly one-fifth of global oil supply, will not simply reopen and return to business as usual. And for passengers, the pain at the airport is just beginning.

*This article is for informational purposes only and does not constitute financial advice. Consult a qualified financial advisor for personal financial decisions.*

## What Mike Wirth Said on Face the Nation

Wirth appeared on Face the Nation on the morning of April 26, 2026, less than two months into the Iran war that began February 28. The interview covered two distinct crises: what reopening the Strait will actually look like, and what the fuel crisis is doing to air travel.