00:00Welcome back. The latest conflict in the Middle East could mark the start of a longer period of geopolitical instability.
00:08An analyst says it could keep global oil and gas markets on edge for years, even if the current fighting
00:14eventually subsides.
00:17The whole system is becoming a little bit paralyzed, but especially in the Middle East Gulf.
00:21So until that lifts, until those tanker movements restore kind of normal operations, we're going to see things like gasoline
00:30prices elevated.
00:31And I'm afraid that $4 a gallon might only be the first stop.
00:35Because even if the current war in this phase draws to an end, you know, we now have a new
00:42chapter of geopolitical instability in that really important region of the world for oil and gas supplies.
00:48I think it's going to be with us for quite a while, conceivably even through the rest of the term
00:53of President Trump's term.
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