RBC's Helima Croft talks state of crude oil markets amid escalating Middle East conflicts

Joining me now are Haleem Croft from RBC Capital Markets and CNBC's Pipa Stevens. Hale Lima, there's a lot of talk about uh the straight of Hormuz very narrow passageway from the Persian Gulf out into the ocean. I think what something like a quarter of all Yeah.A fifth of all oil consumed globally passes through here. Iran might not shut it down, but why is it such an important choke point. I mean it is the key choke point for oil and I think a lot of the conversation today has been well Iran hasn't closed ...