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The views expressed on this podcast are those of the participants, not a Rogers news.

Now, I think there is a risk that oil investors are underestimating the risks involved.

The kind of storming scenario of this has to be really bad until Iran closing of the

Strait of Hormuz is slightly misleading because Iran could do all kinds of small

disturbance like using its drones, using its boats to affect the export channel by those oil

tankers.

Even there's a credible risk that even a small kind of small scale of effort on Iran's behalf to try to disrupt the oil trade,

disrupt the oil routes, will be bringing significant risk to oil market.

That's not being priced in right now.

The crisis in the Middle East has widened to a new and more perilous front.

On Friday, June 13,

Israel launched a series of strikes on Iran, seeking to eliminate what Israeli Prime Minister,

Benjamin Netanyahu, has publicly decried as existential threats posed by ballistic missiles

and what he claims is a rising nuclear weapons program. The initial attack employing

...