Welcome to the Tortoise QuickTake podcast. Thank you for joining us. Today, Tortoise provides a timely update on trending topics in the market.
Hello. I am Tortoise Managing Director and Portfolio Manager Brian Kessens with this week’s QuickTake podcast.
Geopolitical tensions only increased last week. Ahead of the May 2nd decision date, the U.S. indicated it is ending Iran crude oil export waivers. This could remove 700–800 mbpd from the oil market. Following, Iran, looking to avenge the sanctions, threatened to close the Strait of Hormuz to tanker traffic, though the possibility of