Oil Prices Might Not Go Back to Normal Anytime Soon

https://www.theatlantic.com/economy/2026/06/trump-iran-deal-oil/687564/

27 points · 10 comments · view on lemmy.world

10 Comments

cmbabul@slrpnk.net · 19 pts · 90d (3 replies)

I swear to the gods, everyone with a brain knew that would be the case when the shipping route that 20% of the worlds oil passed through was shut down.

Nonconfrontational@lemmy.ml · 4 pts · 90d (2 replies)

For like 90 days lol

cmbabul@slrpnk.net · 5 pts · 90d (1 reply)

And based on the memo of understanding, is still closed until Iran gets paid if I read the memo correctly, and that’s all dependent on Israel not attacking Lebanon, which, to be generous extremely unlikely

Nonconfrontational@lemmy.ml · 4 pts · 90d

Pretty much my thoughts exactly!

Mynameisallen@lemmy.zip · 15 pts · 90d (3 replies)

It blows my mind how people are shocked by this somehow

yogthos@lemmy.ml · 11 pts · 90d

People living in deindustrialized societies have no appreciation for how real world logistics work.

Triton420@mander.xyz · 4 pts · 90d (1 reply)

People are dumber than we ever thought possible

nosuchanon@lemmy.world · 2 pts · 90d

Think of how stupid the average person is, and realize half of them are stupider than that. -George Carlin

Nonconfrontational@lemmy.ml · 4 pts · 90d

Might?

umbrella@lemmy.ml · 3 pts · 90d
[ removed ]
NewNewAugustEast@lemmy.zip · 1 pts · 90d

Normal?