Crystol Energy CEO Carole Nakhle told Bloomberg Television that the oil market's reaction to recent events is 'reasonable' and 'not panicking'. She acknowledged the increase in the risk premium is 'justifiable' following a US plan to insure and escort tankers through the Strait of Hormuz, which could disrupt shipments. Nakhle warned that further escalations in the region could lead to a 'worsening scenario' for oil prices, though current market behavior suggests traders are assessing rather than panicking. Crystol Energy, a significant player in the energy sector, highlights the market's cautious optimism amid geopolitical risks. The Strait of Hormuz remains a critical chokepoint, and any sustained disruption could significantly impact global supply chains and energy costs. Nakhle's assessment provides a measured perspective for investors monitoring the volatile energy sector.