President Donald Trump, who has been pressing allies to help safeguard the critical waterway, fumed on Tuesday that the U.S. is not getting support “despite the fact that almost every Country strongly agreed with what we are doing, and that Iran cannot” be allowed to secure a nuclear weapon.
Also, most NATO countries don’t really depend that much on that oil. Most of it goes to Asia.
It’s the various US allies in the gulf that are going to be feeling the pinch the most. If oil isn’t getting out, they won’t be getting paid. And they’re getting pelted by Iranian drones to boot.
Not just that, but Europe is able to pay the oil price, although Russia getting it is a problem. At the same time oil consumption is half of the USAs and falling due to BEVs and heat pumps. It is probably a lot cheaper then to go to war.
“don’t really depend that much on that oil”
Then why tf do I have to pay 30cts/liter more for gasoline?
All sold at “market rates” no matter the source.
Same reason I pay gas electricity prices, when most of it is made by wind turbines.
This is our life on capitalism…
Okay, some people depend on that oil. I don’t, because I ride a bike.
We should all have gotten out of our oil dependency a long time ago, but apparently politicians prefer being dependent on questionable regimes in unstable regions.
What an unbelievably stupid thing to say. Do the fields where your food grows ride a bike as well? Did your bike ride a bike to the store you bought it at? Did the clothes on your back ride a bike to your wardrobe?
It might surprise you, but stuff I already have is unaffected by the recent increase in fuel costs.