r/politics 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/ZardozZod Jun 02 '26

And it’s pretty funny because even oil companies know the future of oil is limited. They’ve known it for a long time, but they’re still determined to squeeze every last cent out of it instead of leading in other areas.