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Comment on Since the US is now starting shit with Iran. And Syria changing Regimes. Also the Saudis quietelly back the US attack on Iran, and Russia still in a stalemate situation. What is OPEC going to do?

neidu3@sh.itjust.works ⁨9⁩ ⁨hours⁩ ago

Fuckall. Iran isn’t in a position to do mych of anything, and the rest prefer stability and even benefit from a potential rise in crude prices.

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nickelodeon@lemmy.world ⁨9⁩ ⁨hours⁩ ago
I’d be shocked if you end up wrong because this is a pretty accurate assessment of the situation currently.

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FurryMemesAccount@lemmy.blahaj.zone ⁨6⁩ ⁨hours⁩ ago
Also renewables are really cheap these days.

If oil prices spike too much, more things will transition, leading to more long-term oil sale losses. They can’t afford to hike prices too much.

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