Strait no longer represent 20% of the oil supply. UAE and Saudi Arabia have increased their production bypassing the strait with at least 9m bpd. Other countries also increasing output including Venezuela and the US. All of these moves will help mitigate the full effect of the closure of the strait. Issues involving fertilizer, jet fuel, etc. still persist but even those impacts are being lessened by proactive moves elsewhere. This isn’t 1978 or even 2022, many more relevant players involved than in the past.
I’m afraid that if President Trump really wants to continue the blockade for months while minimising the impact on US consumers, there’s only a (bad) way: more SPR releases and/or oil export restrictions.
The White House has consistently said neither is on the table. Let’s see.
President Trump tells reporters in the Oval Office that he "had a long talk" with Russian President Vladimir Putin about Iran and Ukraine earlier Wednesday.
"We had a very good conversation," Trump says, telling reporters Putin "might do" a ceasefire with Ukraine.
Today’s indictment of Crooked Comey isn’t about seashells, folks. It’s the thread that, when pulled, will reveal the entire tapestry of treason engineered by this traitor.
Kash Patel announces the indictment of former FBI Director James Comey for allegedly threatening to kill President Trump based on his “8647” social media post.
Patel says they investigated this case for 9–11 months.
I have the Chiefs needing $10.165 million in top 51 cap space to sign Mansoor Delane, Peter Woods, R. Mason Thomas and Jadon Canady. Chiefs currently have less than $7 million in cap space.
Contracts for Emmett Johnson, Cyrus Allen and Garrett Nussmeier will fall outside top 51
Listen libs, the Golden Rule is "do unto others as you want them to do unto you." If you want President Trump to be nice and sweet and kind, you have to do that to him first. I thought it didn't cost anything to be kind!!
So many Libs are defending Jimmy Kimmel's tasteless jokes by pointing to President Trump's many derogatory and inflammatory statements over the years. But how about if you apologize first? Extend the olive branch, and I bet President Trump will respond in kind🙏🇺🇸
@SaltyGoat17@catturd2 Just like it was the closest Presidential race in history. These people perpetrate lies for a living. Absolutely disgusting and vile. 💪🇺🇸💪