
The episode discusses the effectiveness of releasing oil from the Strategic Petroleum Reserve amid geopolitical tensions.
As the Strait Of Hormuz remains closed due to the war with Iran, Western nations have only limited tools to try to keep the price of oil in check. One strategy is to release stored oil from the Strategic Petroleum Reserve. Confluence Advisory Director of Market Strategy Bill O'Grady joins Phil Adler to discuss how effective this tool might be.
Host: Phil Adler
Guest: Bill O'Grady
Places: the Strait Of Hormuz, Iran
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