OPEC+ relevance amid conflict

The Daily Energy Markets Podcast examines oil near $100 after a 400-million-barrel SPR release, and analysts say Strait of Hormuz risks could keep crude anchored at or above $100. Gaurav Sharma says delayed supply and Hormuz tensions keep markets volatile; Choeib Boutamine warns disruptions and limited spare capacity could push prices higher despite OPEC; and Charles Ellinas highlights LNG shortages pressuring Europe.