news@hexbear.netEnglish · 2 months ago

This Is the Worst-Case Scenario for Oil Prices

nationalinterest.org

cross-posted to:
economics@lemmy.ml

This Is the Worst-Case Scenario for Oil Prices

nationalinterest.org

☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to

news@hexbear.netEnglish · 2 months ago

cross-posted to:
economics@lemmy.ml

Oil markets are losing an estimated 15 million barrels per day from the closure of the Strait of Hormuz—a loss that spells disaster for the global economy.

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☆ Yσɠƚԋσʂ ☆@lemmygrad.mlOP
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2 months ago
hopefully along with the collapse of the burger reich
- tactical_trans_karen [she/her, comrade/them]@hexbear.net
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  2 months ago
  Without fossil fuels the US empire will fall.
- Philosoraptor [he/him, comrade/them]@hexbear.net
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