this post was submitted on 02 Apr 2026
105 points (95.7% liked)

News

36994 readers
2070 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious biased sources will be removed at the mods’ discretion. Supporting links can be added in comments or posted separately but not to the post body. Sources may be checked for reliability using Wikipedia, MBFC, AdFontes, GroundNews, etc.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source. Clickbait titles may be removed.


Posts which titles don’t match the source may be removed. If the site changed their headline, we may ask you to update the post title. Clickbait titles use hyperbolic language and do not accurately describe the article content. When necessary, post titles may be edited, clearly marked with [brackets], but may never be used to editorialize or comment on the content.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials, videos, blogs, press releases, or celebrity gossip will be allowed. All posts will be judged on a case-by-case basis. Mods may use discretion to pre-approve videos or press releases from highly credible sources that provide unique, newsworthy content not available or possible in another format.


7. No duplicate posts.


If an article has already been posted, it will be removed. Different articles reporting on the same subject are permitted. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners or news aggregators.


All posts must link to original article sources. You may include archival links in the post description. News aggregators such as Yahoo, Google, Hacker News, etc. should be avoided in favor of the original source link. Newswire services such as AP, Reuters, or AFP, are frequently republished and may be shared from other credible sources.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 2 years ago
MODERATORS
 

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.

you are viewing a single comment's thread
view the rest of the comments
[–] paultimate14@lemmy.world 1 points 3 days ago

Ironically it is often local governments pressuring these companies to force the return.

When companies look for places to open offices, they functionally put out bids and make cities compete against each other for the best deal. They promise that they'll bring tons of high paying office jobs to whichever city gives then the most tax breaks and other benefits. These cities bend over backwards to attract these companies. Once they "win", the cities might even try to incentivize developers to build around the office, creating commercial and retail spaces for these office workers to eat and shop. Services like mechanics, lawyers, salons, gyms, daycare. While eceonmic ecosystems might be built around the idea that one of the big-4 accounting firms has an office there. Hotels spring up to accomodate business travelers visiting.

Then all of a sudden that company let's everyone work from home. All of those businesses dry up, although a lot of the demand might get redistributed to the nearby residential areas where those workers are working from now. But then, without the restriction of physical space, the company hires more and more remote workers in other countries instead. The company may be registered locally and may have their servers there, but the city already gave them tons of tax breaks. All that's left is an empty glass building that doesn't generate tax revenue, and a ghost town of extinct small businesses around it.

So the local politicians apply all the pressure they can to executives to keep employees in the office.

I don't mean to excuse any of this. The whole thing is a mountain of fragile and shortsighted decisions, and we are absolutely better off working remotely. Building communities and economies where we live, rather than where we work.