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The war with Iran is making oil changes pricier. And a deal won't solve it
The U.S. may be the world's biggest producer of crude oil, but that's not the case for motor oil. The cost of lubricants is soaring, and even a tentative deal to end the war won't solve the problem.
Sure, sanctions hurt Iran, but are we really addressing the root cause of oil price volatility? Or just papering over the fact that our military interventions often create more instability than they solve. The real question: whats the strategic value of this ongoing conflict?
Sanctions and military intervention create a dangerous cycle of instability that drives oil prices higher. A diplomatic solution would address root causes while reducing military spending and preventing further regional escalation.