The world no longer has an oil problem. It has a gasoline problem
- The largest-ever global oil supply shortage has topped economists’ lists of concerns since the start of the Iran war.
- But even as the United States and Iran resumed their blockades of the Strait of Hormuz, sending oil surging above $80 a barrel the economy faces a new problem.
Unverified
- The largest-ever global oil supply shortage has topped economists’ lists of concerns since the start of the Iran war.
- But even as the United States and Iran resumed their blockades of the Strait of Hormuz, sending oil surging above $80 a barrel the economy faces a new problem.
Sources: CNN