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The change wont happen overnight, but meanwhile if the price of oil climbs high, it both helps Russia, and economically hurts a lot of countries that rely on oi
by genocidicbunny 5y ago
The change wont happen overnight, but meanwhile if the price of oil climbs high, it both helps Russia, and economically hurts a lot of countries that rely on oil. Oil is also an input in more than just the energy sector -- lots of plastics rely on oil.
There's an argument to be made that these are all negative things, and I don't disagree. But any change will take time.
In the meanwhile there's also the geopolitical goal -- it would make sense for the US to crash or at least keep down the price of oil right now.