Post #2667844
2026-05-16 23:54 UTC
The oil cartels using a highly unpopular war as an excuse to jack the prices up?
Replies (3)
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@Axolotl_cpp@feddit.it 2026-05-17 00:11
Except that the problem isn’t only from the cartel right now, the problem is that now a important route was blocked due to war which made petroil transport harder making it more pricey and that reflects on prices that consumers see
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@Tiresia@slrpnk.net 2026-05-17 10:01
That’s literally the free market behaving as it’s supposed to. Prices are increased to the highest point all goods get sold, so during shortages prices spike. If you don’t like this, you don’t like capitalism.
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@prole@lemmy.blahaj.zone 2026-05-17 14:39
Yeah, nothing to do with the Strait of Hormuz