00:00Iran is now threatening to attack U.S. and Israeli banking targets across the Middle East.
00:06And I'm just wondering what sort of an impact you think that could potentially have on the world economy.
00:11No, I don't think banking infrastructures, I mean, banking infrastructures are much deeper, in a way, entrenched than oil infrastructures.
00:26And we also have, I think, to mention that there is a way to mitigate short-term the impact of
00:36the price of oil, which Goldman Sachs doesn't take into account, which is these strategic reserves, 400 million barrels of
00:47which will be mobilized as a first wave.
00:51And there is roughly between two and three times as much left in reserve.
00:58So this is also a way to mitigate if, if, if that was to be a matter of weeks rather
01:07than months.
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