This is pure bs.There was never a shortage of oil before the war in Iran started. The price has been artificially inflated by speculators.This article is just preparing you to accept higher prices, for no good reason. www.politico.com/news/2026/07... This: www.theguardian.com/business/202...
Oil industry warns refining limits could keep energy prices highExxon Mobil CEO Darren Woods warned that a shortage of refining capacity could have a “significant impact on consumers and people’s pocketbooks.”www.politico.com