La guerra con l’Iran va avanti solo da una settimana, ma una grande crisi petrolifera si sta già profilando

Watch us spend billions in subsidies again to try and push the price of fossil fuels down so that people can keep happily consuming oil and gas.

After all, that’s what we did in 2022. Billions of euros in subsidies for fossil fuels. All in a time where we should be using less fossil fuels.

I saw a very interesting video last week from an American economist who claims that the attacks on Iran are actually created to disrupt China’s booming economy.
To indeed create an oil crisis to directly target the factories.

The US doesn’t really care, they have enough shale gas and oil to at least be sufficient. But for the EU industry that is already going through difficult moments, this could be a neckshot.