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Don_Dickle@lemmy.world to No Stupid Questions@lemmy.world · 2 days ago

Is there a point to the Straight Of Hormuz? What is the difference between the Iranians having it than the US? What does it mean for the average joe in either country?

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Is there a point to the Straight Of Hormuz? What is the difference between the Iranians having it than the US? What does it mean for the average joe in either country?

Don_Dickle@lemmy.world to No Stupid Questions@lemmy.world · 2 days ago
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  • Corkyskog@sh.itjust.works
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    11 hours ago

    One fun explanation for why price isn’t skyrocketing is that its possible Global Oil Inventories were under reported by a half a billion barrels leading up into 2025 to keep the price of oil high.

    https://youtu.be/z0P9X2nCxfQ?is=ZMCJu8X3xSpu-ELZ

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