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conflictMEDIUMAE2026-05-05 12:06 UTC

the $118 oil situation is getting scary and no one is talking about the real cost

I’ve been digging into what’s actually happening near the Strait of Hormuz and it’s a proper mess. Everyone is busy watching the war news, but the financial side is a total time bomb. the UAE refineries getting hit was the first red flag. Now that Brent Crude is sitting at $118, our fuel and transpo

ORIGINAL SOURCE →via Reddit r/economy
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