Crude Oil to $160?ðģ (Stop Harbouring Iranian Petroleum Bill)
TVC:USOIL
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The U.S. House of Representatives has passed a bill called âStop Harbouring Iranian Petroleumâ. The purpose of the bill is to do all the following listed aboveðš
But in more simple terms, the plan of the U.S. government is to pull Iran into the war & shift blame onto them, for the genocide currently going on in the Middle East. Theyâll say Iran is funding the war & the only way to stop that is by blocking & putting a price cap on Iranian Oil. They do this knowing Iran will likely block off the âStrait of Hormuzâ as a retaliation.
What happens now? Saudi countries can no longer use the Strait of Hormuz to export their Oil, whichâll create supply shortage for Western nations. Thisâll lead to Crude Oil prices shooting higher & forcing more people towards electric vehicles & productsð
But in more simple terms, the plan of the U.S. government is to pull Iran into the war & shift blame onto them, for the genocide currently going on in the Middle East. Theyâll say Iran is funding the war & the only way to stop that is by blocking & putting a price cap on Iranian Oil. They do this knowing Iran will likely block off the âStrait of Hormuzâ as a retaliation.
What happens now? Saudi countries can no longer use the Strait of Hormuz to export their Oil, whichâll create supply shortage for Western nations. Thisâll lead to Crude Oil prices shooting higher & forcing more people towards electric vehicles & productsð
