on the oil market, and how should investors be contemplating the next move is inside threats of kyle cooperers, good to have you on the program, kyle. >> good afternoon. how are you doing? >> you have got to happhandicaps going on in iran what is the likely scenario the market is expecting in terms of what happens next in iran in terms of shutting off the sun ply of oil or not? >> they don't have the refineries to turn it into the usable product every dpachlt they were to disrupt oil exports out of the strait of hormuz there could be a went decrease in any of their imports of gasoline. iran would run out of gasoline way, way before the rest of the world would run out of oil. >> do you think that is priced into the market now with oil where it is and gas where it is? >> yeah, i think that clearly there is a risk premium, make no mistake, any attempt by iran to disrupt shipping in the strait of hormuz would result in a very significant, 20, 25, maybe even $30 spike but i think for a very short-term duration. i don't think there would be a lot of physical oil disrupted. >> so, from an investme