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The Strait Is Closed, the Story Keeps Changing, and You're Paying for It All | OilPrice.com
Twelve days into Operation Epic Fury, the Strait of Hormuz is effectively closed, oil has been a roller coaster, Iran's war aims are outlasting America's, and the inflation that follows is heading straight for your kitchen table.
OilPrice.com (oilprice.com)
US has no plan +no way to return markets to normal
Russian aggression is primary winner here (10B barrels/ day commanding at least $20-30 profit, based on what it was costing them *with sanctions* in place)
Other countries the current US regime "doesn't like" (Brazil) will also benefit
The end result will be every other country realizing the need to speed run transition to Net-Zero, further undermining US 'energy' exports (oil & LNG)/ economy
Thanks Obama!

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R relay@relay.infosec.exchange shared this topic