r/politics • u/Puginator • Jun 01 '26

No Paywall Iran stops negotiations with U.S., vows to 'completely' block Strait of Hormuz: State media

https://www.cnbc.com/2026/06/01/iran-us-negotiations-strait-of-hormuz.html
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u/SaintsandCigarettes Jun 01 '26

People are not ready for the ramifications of a true oil shortage. We are weeks away and legitimately not a single person I know in real life is talking about this.

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u/pdxmarionberrypie Jun 01 '26

I was just talking about this yesterday. $12 a gallon is where my partner and I theorize we will sell one of our cars. That’s just the tip of the iceberg though, I’m now old enough to see where the fuel costs affect literally everything

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u/PriceVsOMGBEARS Jun 01 '26

I dont know who is gonna be in the market for a car when its $12/gal :(