Business - France confirms oil crisis, says 30-40 percent of Gulf energy infrastructure destroyed
www.france24.com
France's Finance Minister Roland Lescure revealed on Wednesday that between 30 and 40 per cent of Gulf refining capacity has been damaged or destroyed by Iran's retaliatory strikes, leaving a shortage…
  • dan1101@lemmy.worldEnglish
    5·
    2 days ago

    The only mystery in all this is how Trump expects to continue profiting from it. Insider trading? Relying that higher pump prices also mean higher profits for oil companies?

    • notabot@piefed.socialEnglish
      4·
      2 days ago

      I assume he thinks that American companies will get the contracts to rebuild it all, and control the oil afterwards. Specifically, American companies which have shown the appropriate gratitude to him.