this post was submitted on 28 Jul 2026
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68
So is the oil crisis cooled or is everyone trying to ignore it. (hexbear.net)
submitted 3 days ago* (last edited 3 days ago) by Athena5898@hexbear.net to c/askchapo@hexbear.net
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I can't for the life of me figure out the oil shit at this point. It feels inevitable that prices will go up more before the end of the year but America keeps doing this will they won't they thing with bombs.

Edit: thank you everyone for your response!

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[–] hotspur@hexbear.net 53 points 3 days ago (1 children)

Also while all of this is true, China has also started importing again, so what was keeping apocalypse at bay, is possibly about to end.

[–] Dessa@hexbear.net 47 points 3 days ago (1 children)

Add on to that Ansarallah's blockade/attacks on Saudi oil and the crisis grows more acute

[–] Collatz_problem@hexbear.net 39 points 3 days ago

And attacks on Russian refineries.