US Bombs Iran, Oil Barely Flinches, OPEC Ramps & the Regime Change Gamble | BDE 03.03.26

The Persian Gulf just became a live fire zone and crude is barely flinching. What does that tell you about where oil markets really stand? David Pursell, EVP Planning Reserves and Fundamentals at Apache Corporation, joins Kirk and Mark to break down the US strikes on Iran, why this is nothing like Operation Midnight Hammer, what OPEC is actually capable of producing, how strategic reserves are everyone's insurance policy, and whether the real story here is regime change, not barrels.Join the conversation shaping the future of energy.Collide is the community where oil & gas professionals connect, share insights, and solve real-world problems together. No noise. No fluff. Just the discussions that move our industry forward.Apply today at collide.ioClick here to view the episode transcript. 0:00 US strikes on Iran and initial oil market reaction2:50 Shipping disruptions and Strait of Hormuz concerns5:30 Weeks not days and the case for regime change7:26 Who actually cares and global market impact11:35 Iranian oil on tankers and strategic reserves14:54 OPEC production increases and spare capacity questions18:48 Strait of Hormuz as a chokepoint21:03 The regime change problem and keeping the lights on29:19 Sunni-Shia dynamics and what comes next34:14 Structurally bearish factors and why the market yawns41:50 US oil demand growth and fundamentals check44:04 The IEA critique cornerhttps://twitter.com/collide_aihttps://www.tiktok.com/@collide.iohttps://www.facebook.com/collide.iohttps://www.instagram.com/collide.iohttps://www.youtube.com/@collide_iohttps://bsky.app/profile/collide-ai.bsky.socialhttps://www.linkedin.com/company/collideai