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To: jerod
It shouldn’t ... Nobody buys Iranian oil... Except Russia and China. Europe and North America’s supply shouldn’t be affected by Israel’s coming air strikes.

The supplies in the West wouldn't be directly affected... but the price of the oil on the markets would. It's a global commodity and supply & demand still function. If you limit supply in the marketplace--even if it's going to specific customers--you will drive prices higher globally.

4 posted on 10/03/2024 9:28:09 AM PDT by pgyanke (Republicans get in trouble when not living up to their principles. Democrats... when they do.)
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To: pgyanke

>>f you limit supply in the marketplace—even if it’s going to specific customers—you will drive prices higher globally.

Which wouldn’t have been bad for the U.S., back when we were a net exporter of oil under Trump, but Biden shut down the Bakken fields and drained our oil reserves.


38 posted on 10/03/2024 10:18:32 AM PDT by vikingd00d (chown -R us ~you/base)
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