Oxford Institute for Energy Studies

Okay.

Bill Farron Price, Senior Research Fellow and Head of Gas Research at the Oxford Institute for Energy Studies.

Welcome, Bill.

I mean, would you agree with Omar, for example, that, you know, as he's been saying for a few weeks, that oil prices are actually relatively low compared to what they should be, given all those...

Threats to shippers moving through the Strait of Hormuz could remain for foreseeable future, suggesting long-term pressure on markets for liquefied natural gas, a study found.

The Oxford Institute for Energy Studies outlined various conflict scenarios that would impact markets for liquefied natural gas.

It found that some cargoes have made it through in coordination with Iran.

But there is no sign that market has adjusted to the ongoing security risks.