The global oil crisis is turning into an everything crisis

    https://www.cnn.com/2026/04/04/business/global-oil-crisis-shortage-everything-intl-hnk-dst

    Posted by DVMirchev

    5 Comments

    1. It’s all fun and games while you drag your feet on the Energy Transition until the Hormuz stops Hormuzing

    2. Not a crisis for those pumping oil in the US – they are making money hand over fist right now and prices just keep going up. I have to wonder if this was the underlying intention here.

    3. Civilization literally runs on four industrial materials; cement, steel, plastics and ammonia (fertilizer). All of which require immense fossil fuel inputs.

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