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Somebody was saying that Saudi Arabia matters less since the US isn't directly importing so much of its oil from there any more, but here's the thing- other countries actually do import oil from there, and if there's a cut in supply from Saudi Arabia, that puts more demand on other suppliers, like the ones that do provide to the US. Prices still rise. It's a global economy, you can't really shield yourself from Saudi Arabia unless you can reduce demand for oil.
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# ¿ Sep 30, 2015 12:36 |
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# ¿ May 16, 2024 19:35 |