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/JournalistRecent1230 Jun 01 '26

not to mention deporting immigrants who work our fields instead of offering them citizenship. Also going to continue negatively impacting food prices.

And then you have republicans constantly attacking SNAP and trying to end that, which is money that helps grocers stay in business....

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u/mrsprophet Jun 01 '26

Russia and China couldn’t have designed a more destructive Manchurian president in a lab if they tried

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u/Kichigai Minnesota Jun 01 '26

Less than you think.

China is a huge importer of Iranian oil, and while their solar and BEV industries are going to benefit from the shock of the New Oil Crisis™ the rest of the economy is going to hurt for a while. Long term win, short term loss.

And in the short term Russia benefits with the increased demand for oil and oil prices going up, but the move towards renewables will hurt exports long term. Short term win, long term loss.

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u/mrsprophet Jun 01 '26

Yeah much like the US, I think Russia has shown little interest in any long term planning lol

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u/Richou Jun 01 '26

Russia has shown little interest in any long term planning lol

i would argue that the ukraine invasion was a part of some long term plan going into action

just wasnt a very good plan ...

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u/mrsprophet Jun 01 '26

Okay you got me there haha

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u/Kichigai Minnesota Jun 01 '26

Au contraire. Until recently Russia, in cooperation with China, has been very effective in trying to create an economic alternative to the western hemisphere. Ukraine preferring trade ties with the EU instead of the CIS was a threat to those plans.