Asks about Ed Morse's warning on the Houthis and the viability of pipeline workarounds.
Matt Miller
Javier Blas
Houthi disruption of Red Sea shipping would be a big problem. The pipelines don't resolve even half the problem.
Asks how much the G7 can do to stabilize markets with reserve releases.
Dani Burger
Javier Blas
The key question is the volume released. It's a significant element to buy time, but nothing can replace reopening the Strait.
Asks if Iran can materially damage Saudi Arabia's energy infrastructure.
Matt Miller
Javier Blas
They can and are trying with drone swarms. It doesn't take much to create a significant explosion.
Asks about the long-term outlook if energy infrastructure is destroyed.
Dani Burger
Javier Blas
Worst-case scenarios are terrible. If we lose actual production capacity, not just flows, prices need to go a lot higher.