"The smoke poisons the very air they breathe, and the sulfur dioxide in it can form acid rain that would harm the very Iranians that President Donald Trump initially called upon to overthrow the regime."
"Whatever the motive for the attack, this war, like so many others, revolves around oil - as a target, as a weapon and as the fuel that runs the world's war machines."
"Within days of the American attack, the damage to petroleum facilities and the growing danger involved in traversing the Strait of Hormuz had sparked a 50% jump in global crude oil prices."
"The U.S., by all measures, has already achieved energy independence, and yet that has done nothing to insulate Americans from geopolitics-exacerbated volatility in the price of energy."
The bombing of petroleum facilities in Tehran has severe environmental and health implications for the region's inhabitants. The conflict underscores the central role of oil in warfare, impacting global oil prices and American fuel costs. Following the attack, crude oil prices surged by 50%, causing a ripple effect on various goods reliant on petroleum. Despite the U.S. achieving energy independence, it remains vulnerable to geopolitical tensions that influence energy prices, reminiscent of the 1970s energy crises.
Read at High Country News
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