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Response to ansible (Original post)

Wed Apr 24, 2019, 11:54 PM

8. Trump imposed sanctions on Iran.

Iran retaliated by threatening to close the suez canal. Because Iran can't sell most of their oil, other nations have to buy from other countries.... this includes the U.S.

As a result, our exports have increased. This leads to less domestic oil on the U.S. market. Decreased supply leads to higher prices.

Thank, Donald.

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