SLB stock falls as CEO warns of tough start due to Middle East conflicts disrupting business.

SLB's stock dropped following its earnings report, where CEO Olivier Le Peuch described a challenging start to the year. The company cited disruptions in the Middle East, particularly due to the war in Iran, affecting its oilfield services business. Despite earlier claims in January that regional struggles were over, ongoing geopolitical issues continue to impact SLB's performance. Investors should watch how the company navigates these challenges moving forward.