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by sheepscreek 467 days ago
This argument doesn’t hold much water. The tariff actions will only compel oil producers to explore new markets. With the US out of the picture, there will be a significant increase in supply. A big portion of this will be due to Canadian oil finding buyers in non-US markets.
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Tariffs might hurt Elon but ceding US influence to OPEC (including Russia) by threatening to leave NATO and the UN? What happpens with instability and a lack of US influence in the Middle East?