“Oil Prices Down 30% — Manipulation or Just Oversupply?”
· economicshelp.org
Two of the world's most critical oil chokepoints — the Strait of Hormuz and Bab-el-Mandeb — are seeing almost no shipping traffic right now. Yet as the Iran conflict drags on, far from an oil apocalypse, prices are 30% down from their peak. But if you're filling up with diesel,…
Two of the world’s most critical oil chokepoints — the Strait of Hormuz and Bab-el-Mandeb — are seeing almost no shipping traffic right now. Yet as the Ir...