Oil market underpricing Iran supply shock, Carlyle’s Currie says

But I want to emphasize, don't underestimate the type of volatility. If you take European gas in 2022, we saw Russia cut it. And by the way, the market ignored it in June of 2022.By August and September, you were at three $400 a barrel. Do you know where prices were in December of that year after you destroyed so much demand, they went negative. Um, so I'm not going to say oil's going negative, but what I'm trying to tell you is it's going to be a really bumpy ride.You've seen no evidence of demand destruct ...