pull down to refresh

Considering how the amount of oil flowing out of the Strait of Hormuz has been increasing (and is now at the highest levels out of Saudi Arabia since the war began) Trump doesn’t have much to lose here as this is hurting Iran much more than others.

The Ukrainian drone attacks on Russia have decimated its diesel production hitting the entire world. There is a reason oil never hit $150 a barrel and why the odds of the even hitting $120 again are so low. The Gulf Nations have firmly established alternative routes and those have been ramping up with Iran unable to stop it.