Asks about convictions for quick turnaround in oil market given no signs of agreement in Middle East conflict.
Haidi
Weilun Soon
Conflict escalated over weekend with attacks on oil infrastructure; oil prices reflect risk but not full-blown yet; no clear off-ramp for war.
Asks which Asian economies are most exposed to Middle East energy imports.
Haidi
Weilun Soon
India and China most exposed as biggest Middle Eastern oil importers; Asian consumers already paying higher petrol prices; IEA calling for reserve releases.
Weilun Soon
India attempting ad hoc deals with Tehran to secure oil shipments through Hormuz; waiting to see if more ships can safely transit.
Asks about potential for more Russian crude to market and other workarounds.
Haidi
Weilun Soon
Russian oil used as buffer via Trump administration carve-outs; India major taker; ships already entering India providing some relief.