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Comment by pqtyw

1 day ago

Well everyone pays the same for oil (unless there are export/import control and adjusted by transportation costs) worldwide.

So americans will be paying 2x as well its just that some of that money will stay in the country instead of going to the middle easter or US (which happens to be the largest supplier of oil to the EU)

Back in 2025 EU imported ~15% from the gulf. China was over 40% and Japan at 95%...