We all know that USA started "the war" by attacking Iran.
We also know that Russia by not selling oil to USA or Europe didn't take the prices to the levels which are today.
We also know that American oil companies (which are huge sponsors of Trump) are making huge profits from the USA attack on Iran and they have all the reasons to keep this going as much as they can.
Nothing is stupid, everything is going as they are planned by big oil and gun manufacturing CEO's.
The oil companies promised a billion dollars to Trump’s campaign, but high oil prices mean long-term demand destruction in their business — which is kinda really fucking stupid on their part.
Every freight company that goes out of business and parks their trucks because of high diesel prices is what demand destruction looks like.
Every person worldwide who gets fed up with high gasoline or diesel prices and buys a ore efficient vehicle, especially an EV, that will be on the road for the next 20 years is what long-term demand-destruction looks like.
Achieving regulatory capture of the United States government turns out to have been a really fucking stupid long-term play for these guys, because the administration they bought doesn’t have any guardrails.
I’d say “oops”, except that the worst of the consequences will fall on innocent bystanders who had nothing to do with this.
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u/Andromeda_Revisit 7h ago
We all know that USA started "the war" by attacking Iran.
We also know that Russia by not selling oil to USA or Europe didn't take the prices to the levels which are today.
We also know that American oil companies (which are huge sponsors of Trump) are making huge profits from the USA attack on Iran and they have all the reasons to keep this going as much as they can.
Nothing is stupid, everything is going as they are planned by big oil and gun manufacturing CEO's.