Dr. Anas Alhajji, managing partner at Energy Outlook Advisors and former chief economist of NGP Energy Capital Management, joins host Tushar Shetty to examine how the Hormuz crisis is reshaping global energy markets. We discuss why Brent and WTI understated the price shock in Asian markets, the role of insurers in halting traffic through the Strait of Hormuz, the crisis’s toll on traded helium, sulfur, and fertilizers, the overlooked loss of Russian and Kazakh supply in the Black Sea, why India’s cuts to Russian oil imports ended up benefiting China, and the spread of China’s national security approach to energy as countries turn to domestic sources.

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