R to @ForeignPolicy: On the slow market reaction: @JasonBordoff: Brent today, as we're talking, is about $107 a barrel. That's not that high. I mean, it's high, relatively speaking

On the slow market reaction: @JasonBordoff: Brent today, as we're talking, is about $107 a barrel. That's not that high. I mean, it's high, relatively speaking, but closing the Strait of Hormuz, war in the Middle East, missiles flying across Gulf oil producing countries—this has been sort of the mother of all nightmare scenarios that energy security policy wonks like myself planned around for decades.