Trump claims he's winning the war. But if oil is flowing so freely, why was the Brent crude oil price on Friday still over $100 a barrel—i.e., roughly 40 percent higher than the day before the war began? The price of diesel fuel in the US has risen even faster: by almost 75 percent. bit.ly/4j5qcbI
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More Oil, Same War: Why Increased Exports Aren’t a Sign of Iran’s Collapse | Council on Foreign Relations
Oil exports from the Middle East have rebounded, fueling claims that the United States is winning its war with Iran. But the Strait of Hormuz remains treacherous, Tehran isn’t any closer to accepting ...
