Oil crisis triggered by blockade of strait of Hormuz prompts emergency measures to protect supply and halt rising prices
Shrinking fuel stocks and soaring prices are leading countries around the world to burn coal, ration fuel, shorten work weeks and tell citizens to stay at home.
Fossil fuel supplies have reduced since the war against Iran led to the closure of the strait of Hormuz, a crucial shipping route for oil and seaborne gas. The shortfall has prompted emergency measures as government’s attempt to halt rising costs that have thrown economies into chaos.
The International Energy Agency (IEA), whose members sought to calm markets by releasing 400m barrels of oil from their strategic reserves last month, has called for actions such as flying less and driving slower.
Well there’s this one old rich white man at the top of the pyramid scheme and he benefits from everyone else’s detriment. So drive to the office we must!
Nevermind that he COULD sell the office building and make bank plus cutting all those immense operating costs and make all the employees love him and improve efficiency and morale and even make the shareholders giggle with glee as the profit to cost ratio jumps. Nah. What’s more important is that “This is how we’ve always done it.” so back to the mines you slobs.
That guy will lose the political power he has in the city if he didn’t have a giant office building, and if that happens none of his greedy pedophile friends will like him anymore.
Why won’t anyone think about the pedophile class?! He just wants people to like him! (that, and a few million in the bank while denying minimum wage workers raises).