Patricia Cohen

Alan, murder me?

Yes, first-time guest, long-time listener.

So I would say that the attacks that we saw last week on some of the energy infrastructure really moved the war into another phase in terms of both energy supplies and the global economy.

Instead of talking about the impact in terms of days and weeks, now we're talking about it in terms of months and years.

And why is that?

Because what you had is that the production capacity, the ability to supply one of the world's really important energy supplies, which is liquefied natural gas, those facilities were bombed.

So the Israelis attacked Iran's infrastructure.

And that was a big deal because Qatar is a big producer of liquefied natural gas.

I mean, so before we were looking at basically a transportation issue when the Strait was closed.

Now we're looking at something that's longer lasting, which is the ability to produce liquefied natural gas or LNG.

Let's refer to it as that.

So what was destroyed were two LNG trains.

And they're not really trains.

What they are are plants that process and convert natural gas into a liquid.

This is a facility.

Yeah, I know.

Yeah, it's a facility.

I know.

It's a kind of a weird word, but it's kind of a facility.

And...