• arotrios@lemmy.world
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    2 days ago

    wtf is this crap AI bullshit? The entire “article” consists of this:

    THE IRAN war has caused the largest supply shock in petroleum history. Yet even when fighting was most intense, oil prices never reached the $150 a barrel many analysts had predicted at the start of the conflict. For this, thank a few governments. Soon after Iranian munitions made the Strait of Hormuz unpassable, trapping 14m barrels a day (b/d) of crude inside the Gulf, petro-monarchs in Abu Dhabi and Riyadh directed an extra 5m b/d through pipes bypassing the conduit. Ministers in Washington and Tokyo released a record 2m b/d of emergency stocks; state-led rationing in poorer countries shaved off a chunk of demand.

    Lazy-ass bot posting that doesn’t even support the headline.