this post was submitted on 01 May 2026
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[–] yogthos@lemmy.ml 11 points 1 day ago

It's already gone up over 120, and it's only going to get worse because there's a physical shortage now. There's no way to make oil magically appear out of thin air. https://oilprice.com/Energy/Crude-Oil/Oil-Rallies-Toward-120-As-Middle-East-Supply-Risks-Spiral.html