Now the European Ignoramuses are dependent on Russian oil. How hypocritical does that look? After sending billions of Euros to Ukraine to fight the Russians, they will now have to buy Russian oil. All that money flowing into Russia to build more tanks and bombs to use in the civil war with Ukraine, who the ignorant Europeans keep propping up. Truly Kabuki theatre.
~22AUG2025 is supposedly the date when Russian tankers loaded with oil started being put out to sea. 15AUG2025 was the Putin-Trump summit in Alaska.
No sauce on total number of ships or verification of start date, but the Russian ships sat out in the ocean until the "30-day waiver" issued last week:
The United States issued a 30-day sanctions waiver on March 12, 2026, allowing countries to purchase Russian crude oil and petroleum products already loaded on vessels at sea as of that date. The waiver, valid until April 11, 2026, was announced by U.S. Treasury Secretary Scott Bessent as a "narrowly tailored, short-term measure" aimed at stabilizing global energy markets disrupted by the Iran conflict and the closure of the Strait of Hormuz.
Volume and Impact: An estimated 124 million barrels of Russian oil were stranded at sea across 30 locations, equivalent to nearly six days of global supply. Russian envoy Kirill Dmitriev claimed the waiver would affect 100 million barrels, almost a full day’s global output.
"The oil market has fractured into two tiers. $100 in America. $150 in Asia. China, India, Japan, South Korea… the nations that refused to send warships when Trump asked… are now paying 50% more per barrel than the country that launched the war. Demand destruction has started across Asia. Schools closing. Workers sent home. Petrol pumps running dry in Southeast Asia. Meanwhile American refineries are actually increasing output, running on light sweet crude that never touches Hormuz.
Trump told them to help open the Strait. Every single one refused. NATO said it wasn’t their war. China negotiated selective passage from a destroyed regime. Japan declined. Australia declined.
Now the Strait is doing to them what it was designed to do to Trump."
Can someone please ELI5 to me why if we’re not getting oil from that area that our gas prices have jumped significantly? Not being a dick I’m just trying to wrap my head around that
you arent paying directly for that barrel of oil, you're paying stock market types whoa re GAMBLING on futures / what they think the price will be, its a clusterfuck / scam...
TL;DR
It's like a worldwide gasoline market. If a big supplier is cut off, the price goes up everywhere, regardless of who is buying it, because there is less overall oil available. "
"It is confusing, but the reason gas prices jump even if the U.S. doesn't import much oil from a specific conflict area (like Russia or the Middle East) is that oil is a global commodity, not a local one.
Think of it like a giant, worldwide bathtub.
The Global Bathtub
All the oil produced in the world goes into one giant "tub." When countries (like the U.S.) need oil, they fill their "cup" from that tub. The price of oil isn't set by how much oil is in your local cup, but by how much is in the entire tub.
If a major supplier (like Russia) is sanctioned, it’s like taking a giant bucket of water out of the bathtub.
Because the total amount of water (oil) in the tub is now lower, the price of that water goes up for everyone, everywhere, instantly.
It’s About "What If," Not Just "What Is"
Even before oil imports stopped, prices jump because of fear and uncertainty. Oil traders are terrified that a conflict might stop ships from moving oil, or that a country might stop selling oil altogether.
Traders start buying up oil, expecting it to be scarce later. This panic buying drives the price up immediately, even if supply hasn't actually dropped yet.
The "Light vs. Heavy" Oil Problem
The U.S. produces a lot of oil, but it’s often a "light" kind (like champagne), while many U.S. refineries are built to process "heavy" oil (like coffee) from other countries. So, even if we are energy-independent in total volume, we still import specific types of oil to make gasoline efficiently. When that foreign oil becomes unavailable, refineries struggle and prices go up.
Everyone Else is Panicking Too
When Europe loses its oil supply, they don't just sit there—they start buying up the oil that other countries (like the U.S.) were planning to buy. Because demand is high globally, prices rise everywhere.
Item #1 is true only because oil contract trading is centrally controlled from London. Regional oil contract exchanges would bust this up quite quickly. For example a Western Hemisphere oil exchange which is likely in the works, would completely decouple local US oil price from London. And the imminent necessity of this can be seen NOW. Why should we continue to be held hostage for energy costs from London when we have a roughly 58M barrel a day max capacity just from all US territories and Gulf of America?
Then why does Trump act like it's no big deal? If American citizens are fucked all the same, what difference does it make if we have our own oil?
Honestly I'm trying to trust but there are so many people who are absolutely screwed with the way the economy is currently. And this is only just starting.
Yes, the strait is open if Iran has an agreement with the receiving country.
The article makes out that this is cheating somehow. LOL. But in reality, a country such as Bangladesh is avoiding humanitarian disaster.
This means that Iran is operating outside the 'punishing sanctions' imposed by EU, and the astronomical insurance charged by Lloyds.
In reality, the sanctions boomeranged. And the insurance racket has been exposed as well, because even when the exhorbitant premium is paid, the crew won't attempt the suicide run, anyway. And even so, there are ships happily cruising through the strait.
I stand correctly, and updated my comment. It's only about a hundred to 120 ships a day. So about 96% reduction in total crossing over 19 days. 4% pass
Be wary of the numbers. Also consider that it might be the US Navy actually restricting the Strait, not Iran. They would be doing this if they are vetting EU ships that have US seizure warrants (for sanctions violations) one-by-one.
I don't believe "threats" from a nonexistent IRGC navy, air force, mines, and anti-ship batteries are sufficient to actually "halt" ship traffic. They might as well threaten to have Peter Pan fly in on fairy dust and "spank them" for being bad boys (and maybe they did? /s).
Read the comments on X. Left going wild over gas prices and Trump failure...and we're losing the war. So much noise, I wonder what he's also doing right now. When the headlines are all 3" tall, Trump's pulling a fast one.
This would make a lousy movie but a really, really good book.
Don't forget the US Net Exports. We don't need foreign OIL , OR the fake pricing. So on top, we destroyed the London Insurance scam and we REMOVED ourselves from Global OIL pricing. Forget about the Breton Woods deal. Leaving NATO and setting up Russian Energy will lead to a nice union between us. In addition the Chinese scam is over and remember. . . We did not revalue Gold in the US . . .yet.
Things are looking up and the world is getting straightened out in front of our eyes. The Federal Reserve is now exposed. They fought lowering rates because of expected inflation. That Trump crushed ! now Powell is caught red handed. He's too late. Again. And while the Dems, complain about the Kennedy center and the Big Beautiful Ball Room, Powell is having his lavis 4 Billion dollar Palace financed by the people. . . A Private Bank !!!
Now the European Ignoramuses are dependent on Russian oil. How hypocritical does that look? After sending billions of Euros to Ukraine to fight the Russians, they will now have to buy Russian oil. All that money flowing into Russia to build more tanks and bombs to use in the civil war with Ukraine, who the ignorant Europeans keep propping up. Truly Kabuki theatre.
Trump warned them and was laughed at.
~22AUG2025 is supposedly the date when Russian tankers loaded with oil started being put out to sea. 15AUG2025 was the Putin-Trump summit in Alaska.
No sauce on total number of ships or verification of start date, but the Russian ships sat out in the ocean until the "30-day waiver" issued last week:
-AI generated
Russian shadow fleet (warning, this is likely propaganda): https://en.wikipedia.org/wiki/Russian_shadow_fleet
The Trump Boomerang strikes again. I never get tired of this.
We’ve got him this time! Jihadi version
You have to love it. It is becoming comical. Believe it when they say these people are stupid.
Bingo ! 🪃🪃🪃
DS grabs r the Roller Skis😂🤣😂
https://youtu.be/XgKf7IHQPkY?feature=shared
"The oil market has fractured into two tiers. $100 in America. $150 in Asia. China, India, Japan, South Korea… the nations that refused to send warships when Trump asked… are now paying 50% more per barrel than the country that launched the war. Demand destruction has started across Asia. Schools closing. Workers sent home. Petrol pumps running dry in Southeast Asia. Meanwhile American refineries are actually increasing output, running on light sweet crude that never touches Hormuz.
Trump told them to help open the Strait. Every single one refused. NATO said it wasn’t their war. China negotiated selective passage from a destroyed regime. Japan declined. Australia declined.
Now the Strait is doing to them what it was designed to do to Trump."
https://nitter.net/lamps_apple/status/2034242303548686732
Companies will build factories in USA to take advantage of this.
And People were Screaming from the rooftops when Trump said "Drill Baby Drill"...😉🤣🤣🤣👌
Can someone please ELI5 to me why if we’re not getting oil from that area that our gas prices have jumped significantly? Not being a dick I’m just trying to wrap my head around that
its a racket.
you arent paying directly for that barrel of oil, you're paying stock market types whoa re GAMBLING on futures / what they think the price will be, its a clusterfuck / scam...
TL;DR It's like a worldwide gasoline market. If a big supplier is cut off, the price goes up everywhere, regardless of who is buying it, because there is less overall oil available. "
"It is confusing, but the reason gas prices jump even if the U.S. doesn't import much oil from a specific conflict area (like Russia or the Middle East) is that oil is a global commodity, not a local one. Think of it like a giant, worldwide bathtub.
If a major supplier (like Russia) is sanctioned, it’s like taking a giant bucket of water out of the bathtub. Because the total amount of water (oil) in the tub is now lower, the price of that water goes up for everyone, everywhere, instantly.
Traders start buying up oil, expecting it to be scarce later. This panic buying drives the price up immediately, even if supply hasn't actually dropped yet.
The "Light vs. Heavy" Oil Problem The U.S. produces a lot of oil, but it’s often a "light" kind (like champagne), while many U.S. refineries are built to process "heavy" oil (like coffee) from other countries. So, even if we are energy-independent in total volume, we still import specific types of oil to make gasoline efficiently. When that foreign oil becomes unavailable, refineries struggle and prices go up.
Everyone Else is Panicking Too When Europe loses its oil supply, they don't just sit there—they start buying up the oil that other countries (like the U.S.) were planning to buy. Because demand is high globally, prices rise everywhere.
Item #1 is true only because oil contract trading is centrally controlled from London. Regional oil contract exchanges would bust this up quite quickly. For example a Western Hemisphere oil exchange which is likely in the works, would completely decouple local US oil price from London. And the imminent necessity of this can be seen NOW. Why should we continue to be held hostage for energy costs from London when we have a roughly 58M barrel a day max capacity just from all US territories and Gulf of America?
Price Gouging
Then why does Trump act like it's no big deal? If American citizens are fucked all the same, what difference does it make if we have our own oil?
Honestly I'm trying to trust but there are so many people who are absolutely screwed with the way the economy is currently. And this is only just starting.
Renewables lol
"About 90 Ships cross through The Straight of Hormuz" !! https://apnews.com/article/ships-iran-oil-china-us-trump-hormuz-82a9acb473837f1bf7a821d0c3f95205
Yes, the strait is open if Iran has an agreement with the receiving country.
The article makes out that this is cheating somehow. LOL. But in reality, a country such as Bangladesh is avoiding humanitarian disaster.
This means that Iran is operating outside the 'punishing sanctions' imposed by EU, and the astronomical insurance charged by Lloyds.
In reality, the sanctions boomeranged. And the insurance racket has been exposed as well, because even when the exhorbitant premium is paid, the crew won't attempt the suicide run, anyway. And even so, there are ships happily cruising through the strait.
I believe on average a hundred ships pass a day. So 90 in the past 19 days really isn't anything
Oh, I didn't realize that many passed/day. I tho't it was a big deal and things were moving again.
I stand correctly, and updated my comment. It's only about a hundred to 120 ships a day. So about 96% reduction in total crossing over 19 days. 4% pass
Be wary of the numbers. Also consider that it might be the US Navy actually restricting the Strait, not Iran. They would be doing this if they are vetting EU ships that have US seizure warrants (for sanctions violations) one-by-one.
I don't believe "threats" from a nonexistent IRGC navy, air force, mines, and anti-ship batteries are sufficient to actually "halt" ship traffic. They might as well threaten to have Peter Pan fly in on fairy dust and "spank them" for being bad boys (and maybe they did? /s).
Oh 👍 then heading in right direction with the tankers navigating The Straight again.. Great.
Read the comments on X. Left going wild over gas prices and Trump failure...and we're losing the war. So much noise, I wonder what he's also doing right now. When the headlines are all 3" tall, Trump's pulling a fast one.
This would make a lousy movie but a really, really good book.
I've never seen so much hysteria and panic over this, even some from the right.
Full-blown TDS
That's retarded. What trap? The trap Trump laid for himself and then avoided?
There was no trap
What are you sayin?
Trump didn't have a plan... Had a plan but if failed... Doesn't know what he's doing, or you're just a troll? I'm guessing the latter.
I'm saying this OP cope is absolutely retarded.
If this was fully planed and started by Trump, it's not a trap.
If he walked into a trap, it wasn't planned.
Such a tiny box you have put yourself in.
There sure are a lot of PDW losers in this thread.
Don't forget the US Net Exports. We don't need foreign OIL , OR the fake pricing. So on top, we destroyed the London Insurance scam and we REMOVED ourselves from Global OIL pricing. Forget about the Breton Woods deal. Leaving NATO and setting up Russian Energy will lead to a nice union between us. In addition the Chinese scam is over and remember. . . We did not revalue Gold in the US . . .yet. Things are looking up and the world is getting straightened out in front of our eyes. The Federal Reserve is now exposed. They fought lowering rates because of expected inflation. That Trump crushed ! now Powell is caught red handed. He's too late. Again. And while the Dems, complain about the Kennedy center and the Big Beautiful Ball Room, Powell is having his lavis 4 Billion dollar Palace financed by the people. . . A Private Bank !!!
This will still backfire on the midterms if the regime change does not occur.
Life is becoming increasingly unaffordable for the majority of US citizens.
Gas is over 4 bucks a gallon here. This is pure cope.
Yebbit... Saudi Arabia has a pipeline that goes coast to coast like 1250 km or something...
So... the Strait is straight up drama laden faggitry...like so many things
In other news... diesel is like $5.20 a gallon here...Why? Greedy fux.