▲ | Findecanor 4 hours ago | |
I think the contrary. Iran has threatened to close the Strait of Hormuz, through which more than a quarter of the world's oil gets shipped. The world price of oil is then expected to go up, and the US economy is very oil-dependent. Other oil producers would profit from this, ... including Russia's state-run oil company, which would help them fund their war in Ukraine. |