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Old 16th March 2026 | 22:22
  #3929 (permalink)  
Tu.114
 
Joined: Feb 2009
Posts: 943
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From: Austria
Regarding the oil issue and the assumption that Europe will run dry without the Strait of Hormuz being open.

Here, prices at the pump have risen noticeably from about 1,60€ per liter to just shy of 2,00 and inflation is expected to be impacted by this. This is rather a market issue caused by global shortage than an immediate danger of being cut off. This graphic shows where European energy has come from in 2024, this link also shows the countries oil is imported from. Note the position of the US in the list of providers.

Iran is an "also ran", and most of the countries in the second link are accessible regardless of how hospitable the Strait of Hormuz may be. A pipeline to alternate ports may be involved on occasion.

While Europe certainly feels the pinch from the latest adventure, it is less of a danger than some on here make it out to be. This may well explain why the European statesmen are rather reluctant to hurry and join the ride.
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