this post was submitted on 02 Mar 2026
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Oil surges 8% as Iran conflict disrupts Middle Eastern flows (www.reuters.com)
submitted 1 month ago by DamnianWayne@lemmy.world to c/world@quokk.au
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[–] Greyghoster@aussie.zone 9 points 1 month ago (2 children)

I assume that non Middle East sources like the US will make a killing.

[–] phdepressed@sh.itjust.works 3 points 1 month ago (1 children)

Wonder if this will help prop up Putin. Had been seeing reports their war economy+sanctions was starting to starting to affect more noticeably.

[–] Greyghoster@aussie.zone 3 points 1 month ago

There’s a good chance. Putin is probably also wondering if Trump is rouge enough to try and take him out as well.

[–] chemical_cutthroat@lemmy.world 2 points 1 month ago

Good time to buy Chevron.