A hurricane threat in the Gulf of Mexico poses a significant risk to an already pressured crude oil trade, says Ellen Wald. Refineries struggling to maintain supply coming face-to-face with Mother Nature create a perfect storm against the energy trade. Ellen explains how oil production will be impacted by the big storm. Jake Hanley notes that 9% of global refineries are already offline due to conflicts between the U.S. and Iran, along with Ukraine and Russia. He then discusses the floor of support that exists for crude oil and the path to recovery he sees for supply.