this post was submitted on 28 Jul 2026
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askchapo

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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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[–] CommCat@hexbear.net 7 points 3 days ago

China's foreign policy (outside of Taiwan) is strictly a mercantile one, it needs stability in the world markets, and it will never upset its buyers. If the IRI falls, China will happily do business with the new US puppet government.