Morningstar DBRS’ Andrew O’Conor on the Strait of Hormuz conflict and implications for oil & LNG

Andrew O’ Conor, senior vice president – energy & natural resources at Morningstar DBRS, joins i3 editor Kali Arevalo to discuss how the Strait of Hormuz’s closure has impacted the crude oil and liquefied natural gas (LNG) markets, why heightened geopolitical risk surrounding Middle East supply may actually be supportive of North American midstream and LNG infrastructure, and how quickly the market will realistically take to normalize after the conflict ends. (09/2026)