| ▲ | Synaesthesia 7 hours ago | ||||||||||||||||||||||||||||||||||||||||||||||
The big loser in this war is Europe and other roil importing nations. The US is a major oil and has producer. It's benefiting from this war of aggression and not even taking any damage. Oil companies and arms manufacturers are having a bonanza. After the violence wracked 20th century I was hopeful the 21st century would be a bit more enlightened ... | |||||||||||||||||||||||||||||||||||||||||||||||
| ▲ | cogman10 4 hours ago | parent | next [-] | ||||||||||||||||||||||||||||||||||||||||||||||
> The US is a major oil and has producer. It's benefiting from this war of aggression and not even taking any damage. Oil companies are benefiting, everything else in the US suffers. Money isn't going to trickle out of these oil companies to spur economic activity. Nations that benefit from the war do so because of nationalized oil production. Any nation without that is going to ultimately suffer because that added oil revenue doesn't make it's way back to the public. All nations are going to look at increased food costs and potentially even shortages next year due to increased fertilizer and transport costs. | |||||||||||||||||||||||||||||||||||||||||||||||
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| ▲ | cm2187 4 hours ago | parent | prev | next [-] | ||||||||||||||||||||||||||||||||||||||||||||||
The US consumer will still pay more at the petrol station. Doesn't matter to them that some big oil companies are making a killing somewhere else in the US. US consumers vote. | |||||||||||||||||||||||||||||||||||||||||||||||
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| ▲ | thatcat 2 hours ago | parent | prev | next [-] | ||||||||||||||||||||||||||||||||||||||||||||||
Pretty sure the big losers are US missile intercept systems manufactures since they've basically been outed as useless so I'm not sure who would want to buy them now. And Israel, of course, who is getting struck as a result of their over reliance on these systems. US bases are being wrecked, all the radar systems are gone, several carriers damaged - not sure that is no damage. | |||||||||||||||||||||||||||||||||||||||||||||||
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| ▲ | pzo 4 hours ago | parent | prev | next [-] | ||||||||||||||||||||||||||||||||||||||||||||||
> The big loser in this war is Europe and other roil importing nations. > The US is a major oil and has producer. US citizens are loosers as well since cost of oil increased for them as well. This will also have inflation impact on other products from them as well on top of previous tariffs. | |||||||||||||||||||||||||||||||||||||||||||||||
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| ▲ | orwin 3 hours ago | parent | prev | next [-] | ||||||||||||||||||||||||||||||||||||||||||||||
Crude oil isn't as commoditized as LNG. Europe refineries (at least France, but probably most of Western Europe) are made to refine oil from Africa and the north sea, and wouldn't know what to do with ME oil anyway. Algeria or Libya can't suddenly sell their crude to asia or the US, because the refineries able to transform it are in europe. This will hit european countries that depends on LNG, but the impact on crude oil price in both the Texas index and the north sea index will be felt way less than in Asia. If you are talking about the refined product: it will hurt everyone the same, except the executives from big oil, and again, not that sure, because increased transportation/transformation costs decrease productivity, and we can enter a credit crunch that will harm debt-fueled economies pretty hard.. | |||||||||||||||||||||||||||||||||||||||||||||||
| ▲ | vrganj 4 hours ago | parent | prev | next [-] | ||||||||||||||||||||||||||||||||||||||||||||||
Longer term Europe is positioned to come out of this looking pretty good. Renewables already surpass fossil fuel in the energy mix [0], this will only accelerate the shift to energy independence. It's countries that actively resisted diversifying their energy mix like the US that will feel the long term pain. [0] https://www.theguardian.com/environment/2026/jan/22/wind-and... | |||||||||||||||||||||||||||||||||||||||||||||||
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| ▲ | JumpCrisscross 4 hours ago | parent | prev | next [-] | ||||||||||||||||||||||||||||||||||||||||||||||
> Europe and other roil importing nations Europe and Asia have been royally screwed by this war. Ironically, the winners are Russia, in absolute terms, and China, relative to its neighbors. | |||||||||||||||||||||||||||||||||||||||||||||||
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| ▲ | bestouff 4 hours ago | parent | prev | next [-] | ||||||||||||||||||||||||||||||||||||||||||||||
US oil producers will win yes, because the prices are going up and they can provide. But the US consumers will feel it badly. | |||||||||||||||||||||||||||||||||||||||||||||||
| ▲ | graemep 4 hours ago | parent | prev | next [-] | ||||||||||||||||||||||||||||||||||||||||||||||
The big loser is Asia. Heavily dependent on oil going through Hormuz. > After the violence wracked 20th century I was hopeful the 21st century would be a bit more enlightened People hope for that every century. | |||||||||||||||||||||||||||||||||||||||||||||||
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| ▲ | chinathrow 4 hours ago | parent | prev | next [-] | ||||||||||||||||||||||||||||||||||||||||||||||
Time to get off if oil, like yesterday. | |||||||||||||||||||||||||||||||||||||||||||||||
| ▲ | mmooss 4 hours ago | parent | prev | next [-] | ||||||||||||||||||||||||||||||||||||||||||||||
> violence wracked 20th century After WWII, I believe it was one of the most peaceful times in human history. For one thing, the post-war order - the UN, EU, international law, etc. - effectively stopped international war (with a few exceptions). > 21st century Even more peaceful, though the prohibition against international war has been violated with the intent of returning to the pre-WWII world. | |||||||||||||||||||||||||||||||||||||||||||||||
| ▲ | twodave 4 hours ago | parent | prev | next [-] | ||||||||||||||||||||||||||||||||||||||||||||||
"Enlightenment" is for civilizations with enough might to enforce it. | |||||||||||||||||||||||||||||||||||||||||||||||
| ▲ | dlev_pika 4 hours ago | parent | prev | next [-] | ||||||||||||||||||||||||||||||||||||||||||||||
> After the violence wracked 20th century I was hopeful the 21st century would be a bit more enlightened The Trump presidency feels like the dying tremors of imperialist, oligarchic, patriarchal IXX century leadership that resists to disappear. Like the other two septuagenarian boomer leaders blowing up shit across of the world - Putin and Bibi | |||||||||||||||||||||||||||||||||||||||||||||||
| ▲ | nine_zeros 4 hours ago | parent | prev [-] | ||||||||||||||||||||||||||||||||||||||||||||||
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