"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."
"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.