The global oil shortage affects motor oil prices too. Costco hiked its price of 10 quarts of Kirkland brand motor from $30 to $58 and limited 10 to a customer.
As rising oil prices continue to affect all sectors of the economy, the US will have to decide if it will accept a big Iranian victory now, or a bigger one later.
‘A big Iranian victory’ isn’t in the cards. They can say “victory” but it isn’t so.
Meanwhile, fearless leader is blaming high oil prices on the Ukranian war. If he can make that stick, he gets a twofer; shift the blame of a reckless war and high oil and gas prices away from himself and make Zelensky quit bombing buddy Putin’s war machine refineries.
Something tells me it’s not gonna work. More distraction is in the cards.