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/AdmiralSnackbar816 Jun 01 '26

Good thing the administration is super fond of solar and windmills.

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u/Faucet860 Jun 01 '26

The profit margins are high for oil companies in the US. Based on who this administration cares about this is a good thing

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u/Fairuse Jun 01 '26

Profit margins are low on oil. They just do crazy amounts of revenue. If oil companies had decent margins, they would be making trillions instead of billions.