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We continue strong with Francisco Blanche, with Bank of America global research driving all of their commodity coverage,

and what is fabulous about him is the European perspective.

You know, he's been to Texas six times, but he's like, you know, he's in Madrid,

and he's doing the European thing.

How is the continent of Europe affected right now from this disaster in the Persian Gulf?

Hey Tom, thanks for having me once again.

So I think something very important to understand is that this Persian Gulf crisis is really mostly an Indo-Pacific crisis.

...