alt Hacker NewsEither the EU opens Hormuz or the EU pays twice the pre war rate for gas / oil indefinitely. Of course at least they can put the subjects that bitch about it in jail now.
Replies
ikrenji • yesterday at 9:41 PM
how is EU supposed to open hormuz? do you expect them to raise armies and go to war over a shipping lane? I think US demonstrated plenty enough this is not a viable strategy (this was known for the past 50 years)
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Well everyone pays the same for oil (unless there are export/import control and adjusted by transportation costs) worldwide.
So americans will be paying 2x as well its just that some of that money will stay in the country instead of going to the middle easter or US (which happens to be the largest supplier of oil to the EU)
Back in 2025 EU imported ~15% from the gulf. China was over 40% and Japan at 95%...