I doubt that the world will subscribe to the idiocy of the current US admin. China will just push harder for renewables while Europe and the rest of the world will try to coup with the shock but I am certain they won’t go to war with Iran because they have no reason. Eventually US will have to decide if it’s going to do anything or just live with high oil prices for long or just go back home in a British Suez fashion.

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ericmay 3 hours ago | parent | next [-]

> Eventually US will have to decide if it’s going to do anything or just live with high oil prices for long or just go back home in a British Suez fashion.

This is the flaw in your thinking. It won't be the US who alone decides to live with high oil prices, it'll be everyone.

Vague promises of "pushing for renewables" is a gross mischaracterization and misunderstanding of the importance of oil and gas to the global economy. Note, I'm not anti-renewable or whatever, but chalking this up to a "US problem" is willfully ignorant.

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squidbeak 3 hours ago | parent | next [-]

Declining to follow a blunderer into a blundered war really isn't a "decision to live with high oil prices" rather common-sense. This is the USA's mess.

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globalnode 3 hours ago | parent | prev [-]

Yes ofc its a world problem, and guess who the world is not going to be happy with?

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ericmay 3 hours ago | parent [-]

You can be mad at America and ignore Iran's role if you want, but that doesn't lead you to anywhere productive. The United States like any country is an actor on the world stage that has interests and can take action to defend or assert those interests. If the world thinks this is a problem, they should have mediated between the United States and Iran and helped to prevent conflict. Instead they did next to nothing. War happened. Cue surprise and condemnation.

	▲	theplumber 22 minutes ago \| parent \| next [-]
		I think the world will start mediating but not in the way you think/want. They will just divest from the U.S., slowly but surely so that when the next U.S clown start messing around they don’t have to flatter it anymore.
	▲	anonymousDan 2 hours ago \| parent \| prev \| next [-]
		I think the world has had just about enough of wasting their time trying to mediate with your idiot of a president...
	▲	bad_haircut72 an hour ago \| parent \| prev \| next [-]
		The entire world turning against American hedgemony is going to have "productive" repurcussions.
	▲	LtWorf 3 hours ago \| parent \| prev [-]
		What was Iran's role? Defending themselves?

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bluGill 3 hours ago | parent | prev | next [-]

What is the world going to do? The US is the only country that has a "blue water" navy. That means not just enough ships to go to sea, but enough of a supply line to handle all the logistics of having ships anywhere in the world they want them, for as long as they want.

Everybody else (with sea access) has a coast guard, and maybe a few ships for show. China is making enough ships that in a decade they could be there, but it isn't clear they want to go there - they don't see to be building the world supply line needed (but around China they do have that power already).

That is if you don't like the current situation with the US deciding the rules of the sea, then you need to pay for your own navy.

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rdm_blackhole 3 hours ago | parent | prev [-]

> Europe and the rest of the world will try to coup with the shock

The two major economies in the EU (France and Germany) are both facing severe recessions and a parliamentary deadlock + soon to be elections would will be most certainly won by Putin's allies and/or radical communists.

All of this to say I would not hold my breath on Europe doing much at all in the coming months/years.

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mitxela 3 hours ago | parent [-]

The election in Germany is predicted to be won by AfD. Are they communists?

	▲	nemomarx 2 hours ago \| parent \| next [-]
		They're in the Putin's ally camp in this metaphor I think, since they are against military intervention in Ukraine.
	▲	rdm_blackhole 2 hours ago \| parent \| prev [-]
		> communists I was talking about France Unbowed (LFI) in France which is radical left parti (and allies of the French communists parti) that wants to burn the debt owned by the French state (their own words not mine) and could be in the second round of the French election vs the National Rally (far right). Both the National Rally and France Unbowed are in favor of stopping Ukrainian foreign aid.