2026-04-28 12:35 UTC
A trillion dollar dunce. 🤦🏻♂️
(It gives Trump far too much credit to imagine he did this on purpose to boost oil profits.)
— ‘Even if the strait of Hormuz swiftly returns to normal operations, the burden … will reach about $600bn, … Should the supply disruption continue, the economic hit to households, businesses and governments could surge above $1tn …
This is likely to be an underestimate because it does not include the substantial knock-on effects of inflation, …’
https://www.theguardian.com/environment/2026/apr/28/middle-east-crisis-oil-firms-profit-colombia-conference
Replies (0)
No replies.