Chevron CEO Mike Wirth appeared on CBS's "Face the Nation" on Sunday to discuss several challenges facing the global energy industry, including supply chain disruptions and international operations.

Wirth warned that aviation industry problems related to jet fuel shortages will likely worsen amid ongoing tensions involving Iran and restrictions on shipping through the Strait of Hormuz. The CEO noted that jet fuel inventories in certain regions were already at seasonally low levels before the current conflict began.

The strait, a critical shipping lane for global oil exports, has faced restrictions that have impacted Middle East refiners and contributed to supply chain pressures in the aviation fuel market. These disruptions come at a time when the industry was already dealing with inventory challenges.

During the interview, Wirth also addressed Chevron's operations in Venezuela, stating that the country must take additional steps to support the revival of its oil industry. The comments reflect ongoing discussions about Venezuela's energy sector and international partnerships in the region.

The full interview, conducted by Margaret Brennan, aired as part of the Sunday morning news program's coverage of current energy and geopolitical issues affecting global markets.