Operator

Good morning, ladies and gentlemen, and welcome to the Harbour Energy plc Investor Presentation. [Operator Instructions]

The company may not be in a position to answer every question it receives during the meeting itself, however, the company can review all questions submitted today. And will publish those responses where it's appropriate to do so on the Investor Meet Company platform.

Before we begin, we would just like to submit the following poll. And if you could give that your kind attention, I'm sure the company would be most grateful.

And I would now like to hand you over to CEO, Linda Z. Cook. Linda, good morning.

Linda Cook
CEO & Director

Thanks, Jake. Good morning, everyone, and thanks for joining the call. Before we get started, maybe just a few words on the events going on in the Middle East. I mean the conflict, I think, as most people are now aware, has seen more than 20% of global crude oil and LNG exports disrupted. That's really unprecedented. It's led to extreme market volatility and, of course, increased concerns over physical oil and gas supplies, including phosphates and other things as well. So quite an event that we're experiencing now.

We're now a couple of weeks into a ceasefire, but of course, still waiting for the safe restart of traffic through the Strait. We do hope that the ceasefire holds and that hopefully, imminent negotiations or further discussions can lead to a return to peace and stability in the region.

But against this uncertain backdrop, Harbour has to continue operating, of course, and we remain focused on continuing to execute