WASHINGTON, DC - APRIL 14: Mark Lashier, Chairman and CEO of Phillips 66, participates in a discussion at the Semafor World Economy 2026 summit on April 14, 2026 in Washington, DC. The summit brings together business leaders and tech CEOs for discussions on economy, artificial intelligence and business trends. (Photo by Kevin Dietsch/Getty Images)

WASHINGTON, DC - APRIL 14: Mark Lashier, Chairman and CEO of Phillips 66, participates in a discussion at the Semafor World Economy 2026 summit on April 14, 2026 in Washington, DC. The summit brings together business leaders and tech CEOs for discussions on economy, artificial intelligence and business trends. (Photo by Kevin Dietsch/Getty Images)

WASHINGTON, DC - APRIL 14: Jeffrey W. Martin, Chairman and CEO of Sempra, participates in a discussion at the Semafor World Economy 2026 summit on April 14, 2026 in Washington, DC. The summit brings together business leaders and tech CEOs for discussions on economy, artificial intelligence and business trends. (Photo by Kevin Dietsch/Getty Images)

WASHINGTON, DC - APRIL 14: Mark Lashier, Chairman and CEO of Phillips 66, participates in a discussion at the Semafor World Economy 2026 summit on April 14, 2026 in Washington, DC. The summit brings together business leaders and tech CEOs for discussions on economy, artificial intelligence and business trends. (Photo by Kevin Dietsch/Getty Images)

WASHINGTON, DC - APRIL 14: Mark Lashier, Chairman and CEO of Phillips 66, participates in a discussion at the Semafor World Economy 2026 summit on April 14, 2026 in Washington, DC. The summit brings together business leaders and tech CEOs for discussions on economy, artificial intelligence and business trends. (Photo by Kevin Dietsch/Getty Images)

WASHINGTON, DC - APRIL 14: Harvey Schwartz, CEO of Carlyle participates in a discussion at the Semafor World Economy 2026 summit on April 14, 2026 in Washington, DC. The summit brings together business leaders and tech CEOs for discussions on economy, artificial intelligence and business trends. (Photo by Kevin Dietsch/Getty Images)

WASHINGTON, DC - APRIL 14: Harvey Schwartz, CEO of Carlyle participates in a discussion at the Semafor World Economy 2026 summit on April 14, 2026 in Washington, DC. The summit brings together business leaders and tech CEOs for discussions on economy, artificial intelligence and business trends. (Photo by Kevin Dietsch/Getty Images)

WASHINGTON, DC - APRIL 14: Mark Lashier, Chairman and CEO of Phillips 66, participates in a discussion at the Semafor World Economy 2026 summit on April 14, 2026 in Washington, DC. The summit brings together business leaders and tech CEOs for discussions on economy, artificial intelligence and business trends. (Photo by Kevin Dietsch/Getty Images)