this post was submitted on 22 Jun 2025
591 points (99.2% liked)

World News

48086 readers
1987 users here now

A community for discussing events around the World

Rules:

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News !news@lemmy.world

Politics !politics@lemmy.world

World Politics !globalpolitics@lemmy.world


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 2 years ago
MODERATORS
 

Following U.S. strikes on Iranian nuclear facilities on Saturday, the Iranian Parliament has voted in support of closing the Strait of Hormuz, one of the world's most critical oil transit chokepoints, according to media reports.

Any final decision on retaliation, however, will rest with the country's Supreme National Security Council and le

_

Around 20 percent of global oil trade passes through the Strait. Some experts have said that if Iran were to cut off access to the Strait, it could spike oil prices by 30 to 50 percent immediately, with gas prices likewise rising by as much as $5 per gallon.

you are viewing a single comment's thread
view the rest of the comments
[–] OhStopYellingAtMe@lemmy.world 98 points 1 week ago (2 children)

This will just give trump more leverage to drill on protected lands and build pipelines through communities, and seize private property in the US, to satisfy his American oil baron owners.

[–] teejay@lemmy.world 27 points 1 week ago

This is exactly right and needs to be higher. This was either part of the plan or a welcome side effect.

[–] jaschen306@sh.itjust.works 13 points 1 week ago (3 children)

Unfortunately the oil we drill can't be refined here. So it doesn't matter if we drill more. We can't do anything with it without sending it east.

[–] Randomgal@lemmy.ca 17 points 1 week ago (1 children)

It's okay, kids can build and work the refineries.

[–] Infinite@lemmy.zip 16 points 1 week ago

The children yearn for the 'fines.

[–] cornshark@lemmy.world 7 points 1 week ago (4 children)

Why can't it be refined here?

[–] 3abas@lemm.ee 8 points 1 week ago (1 children)

I was curious, and this is what I found.

As of January 2024, there were 132 operating oil refineries in the United States with an atmospheric crude oil distillation capacity of 18,374,628 barrels per calendar day according to the U.S. Energy Information Administration (EIA).[94]

[–] shalafi@lemmy.world 3 points 1 week ago

And we use a little over 20.

[–] jaschen306@sh.itjust.works 8 points 1 week ago* (last edited 1 week ago)

Here is a video about it. In a nutshell, the oil we are able to pump out of the ground is a much lower quality oil and our infrastructure is not setup to handle the low quality crude oil. In order be able to process it, we would need to spend billions for the infrastructure and it wouldn't make financial sense since the East processes it for so much cheaper.

https://youtu.be/veTbuLu7znc

[–] theneverfox@pawb.social 2 points 1 week ago

Something about heavy and light crude oil, and some head scratching decisions that involve shipping things around the world

[–] ayyy@sh.itjust.works 0 points 1 week ago* (last edited 1 week ago)

Because the refineries constantly fuck up and release toxic shit without warning nearby communities of what they did and that windows need to be closed. Then they get shut down when the riots start.

[–] Hugin@lemmy.world 3 points 1 week ago (1 children)

The US has been a net exporter of refined petroleum since 2010.

[–] P00ptart@lemmy.world 8 points 1 week ago

Yeah but it's not the same quality or type of oil that the Middle East has. However Alaska does have that type of oil...