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Oil Prices Might Not Go Back to Normal Anytime Soon

22h 52m ago by lemmy.ml/u/yogthos in worldnews@lemmy.ml from www.theatlantic.com

I swear to the gods, everyone with a brain knew that would be the case when the shipping route that 20% of the worlds oil passed through was shut down.

For like 90 days lol

And based on the memo of understanding, is still closed until Iran gets paid if I read the memo correctly, and that’s all dependent on Israel not attacking Lebanon, which, to be generous extremely unlikely

Pretty much my thoughts exactly!

It blows my mind how people are shocked by this somehow

People living in deindustrialized societies have no appreciation for how real world logistics work.

People are dumber than we ever thought possible

Think of how stupid the average person is, and realize half of them are stupider than that. -George Carlin

Might?

serves them right

Normal?