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Fuckall. Iran isn’t in a position to do much of anything, and the rest prefer stability and even benefit from a potential rise in crude prices.
I’d be shocked if you end up wrong because this is a pretty accurate assessment of the situation currently.
Also renewables are really cheap these days.
If oil prices spike too much, more things will transition, leading to more long-term oil sale losses. They can’t afford to hike prices too much.
The hokey pokey
What can they do? US is a net exporter of crude since they figured out fracking.


