Today’s Daily Energy Markets podcast featured Jorge Montepeque, Kate Dourian, and Arne Lohmann Rasmussen discussing oil prices hovering near $70 amid U.S.–Iran tensions and geopolitical uncertainty. Jorge highlighted fragile market positioning, shrinking spare capacity, and freight distortions; Kate examined OPEC+ decision-making and nuclear negotiations; while Arne assessed Europe’s Russia strategy, sanctions enforcement, and the broader geopolitical risk premium in energy markets.