They aren’t telling you the truth about what is coming. Even if the Strait of Hormuz reopens tomorrow, and there is no way that is going to happen, oil production will not return to pre-war levels for years. In other words, we are facing an extended global energy crisis no matter what happens now. Of course if the fighting resumes and more oil and gas infrastructure is destroyed, the consequences that we will experience will be even worse. We are already witnessing rationing and shortages in some parts of Asia because they are more dependent on energy from the Middle East than anyone else. But as nations all over the world run through their…
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