Dr. Alan O'Sullivan

Is the view that...

Oh, everything back to normal.

I mean, or is there a structurally higher oil price now baked in because of the risk premium associated with future Iran activity?

Interesting.

Just two final questions, Matt, because I'm very conscious of your time, given the day that's in it.

Is this fatal for President Trump now, in terms of the MAGA movement?

We know Marjorie Taylor Greene, Tucker Carlson, the podcast host Joe Rogan.

I mean, cracks are emerging.

There is a rupture there.

But is it fatal in the sense of

Trump with the midterms, but also longer term, because a lot of people are looking past the midterms, looking at what's next for the Republican Party.

Is this a pivotal moment, do you think?

Last question, and I was kind of chuckling there when you mentioned J.D.

Vance being conciliatory.

I remember his speech in Munich to the European leaders.

There wasn't much of a conciliatory tone there, so let's hope he's a bit more conciliatory.

But

There's a lot of investors really, really nervous now, Matt, with everything going on.

Even we see the likes of gold, which would typically be in a safe haven, really collapsing as well.

So, I mean, what is the kind of view in BCA research?