Defense Secretary Pete Hegseth insists “regime change has occurred” in Iran and said that the US is focused on pursuing a deal to end the war.

    • Hapankaali@lemmy.world
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      9 hours ago

      If so, petrol prices wouldn’t be the reason. Prices of around $10 per gallon are quite typical for the world’s top economies. While higher prices due to oil prices and due to taxes aren’t economically equivalent, higher petrol prices have numerous benefits to the economy and spur innovation in energy efficiency. The undertaxation of petrol ranks among the significant factors contributing to the stagnation of the US economy.

      • pathwonder@kopitalk.net
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        6 hours ago

        One has to include shortages of fertilizer, and the shortages of fuel that Asia faces now. As other experts point out, those shortages alone will result in demand collapses that will reach back to the US.

        Some believe the US has already collapsed. We’re just experiencing the after shocks.

      • N0t_5ure@lemmy.world
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        9 hours ago

        I’m expecting a full-on financial collapse by the fall, with bank runs, etc. The U.S. was already in a precarious financial position, and oil prices aren’t coming down anytime soon. Buckle up, as 2026 is definitely going to be an interesting year in these interesting times we’re living in.

        • I_Jedi@lemmy.today
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          7 hours ago

          A few reasons.

          • Trump is old. They can only use him for so much longer.
          • Trump’s death can be used to make him look like a martyr and to spin whatever crazy story they want. “AOC killed him! I saw it with my own eyes!”. He can be more useful in death than he was in life.
          • Like the Russia in Shattered Union, Russia can support various successors and acquire a much more dependable puppet than Trump.