If current US government plan was all along to increase their oil capacity by securing more oil from South America and we know that they have been increasing their country’s oil production for many years now. (They have aligned the two goals with great timing)
They just seem to be indirectly taxing countries that depend on oil from the Middle East, mostly Europe and Asian countries. Maybe this is their way of bullying NATO and other countries by making them pay more so it slows their economic growth and the competition even further so that US can keep “wining”.
Maybe Iran charging a toll/ causing blockage is what US wanted all along in this War?
What does this mean for energy stocks? Will oil prices keep going go up? Maybe $180 a barrel will be the new normal? And how would that impact stock prices of non American oil companies?