Watch CNBC's full interview with Hess CEO John Hess on rising oil prices amid Ukraine-Russia war

CNBC's Brian Sullivan and the 'Squawk Box' team sit down with Hess CEO John Hess to discuss rising oil prices, the U.S.'s energy supply and more. Hess also weighs in on the U.S.'s transition to renewable energy, supply constraints and more. "We need to have balance. For us to have an affordable energy transition, oil and gas are going to be here for decades for come and we need to keep investing in it," Hess tells CNBC.