Global oil prices soar after Israel attacks Iran
Global oil prices soar after Israel attacks Iran
Global oil prices soar after Israel attacks Iran
Iran may close the Strait of Hormuz, while Yemen could shut the Bab al-Mandeb.
That would destabilize global energy markets in a hurry, and the west would go into economic tailspin as a result.
Glad I’m leasing a Rivian!
Why.
The laziness of the average person continues to amaze me. You’ve chosen to ask and wait for the answer to a question which could have been answered by reading the article you’ve commented on. “Why” is the reason journalists pen these articles.
Honestly, fuck link aggregators. If I wanted to read articles elsewhere I would've done so.
Not to mention that they are terrible for web longevity. Website gone? Most likely content gone as well.
I thought that the whole idea of Lemmy was to prevent content getting nuked if any of our subreddits are gone. Linking to articles without a decent summary added is actively anti-user in my opinion.
A major member of OPEC was just attacked. Had you not put those two pieces of information together?
Iran produces 5% of global oil and there are a lot more oil producers in the region, which might end up getting involved. Saudi Arabia, UAE, Iraw, Kuwait and Qatar come to mind. We did see Iran attacking Saudi oil production a few years ago, so this might happen again. Hopefully not, but still.
OPEC.
How handy for Russia!