Iran oil revenue soars as it's the only exporter out of Hormuz

(financialpost.com)

126 points | by vrganj 3 days ago ago

128 comments

  • lawgimenez 3 days ago ago

    Tanker from Russia arrived here in Philippines, and it seems we will be getting oil from Russia now. Major geopolitical failure by the US.

    • adjejmxbdjdn 16 hours ago ago

      People all over the world are suffering right now.

      And they know who to blame. The U.S. and Israel.

      This is a long term, probably irreversible, disaster for both countries.

    • jazzpush2 3 days ago ago

      Art of the Deal

    • simmerup 3 days ago ago

      [flagged]

    • guzfip 3 days ago ago

      > Major geopolitical failure by the US.

      Nah, soft power is out. Bluntly, if the Philippines strays too far from US interests, they can be strangled, first economically, then militarily.

      • simmerup 3 days ago ago

        If the Us keeps attacking its allies economically and militarily the petrodollar will crumble and those trillions of dollars of debt will start to be a heavy burden

        • Henchman21 3 days ago ago

          So it's all going to plan then?

        • lostmsu 3 days ago ago

          If dollar crumbles, the debt becomes lighter, no?

          • simmerup 2 days ago ago

            Tons of countries buy the dollar bond because it’s a safe bet. It’s how the world does finance.

            If that stops, then the world stops buying dollars. And then America has to start justifying why a printed dollar justifies buying an import from China or Europe of real valuable goods

      • lawgimenez 3 days ago ago

        Of course, that’s what US will do to its old allies.

      • 3 days ago ago
        [deleted]
  • karim79 2 days ago ago

    I would encourage anyone reading this thread to expand the greyed-out comments. There's honestly something really sinister going on here which goes way beyond opinion.

    There's also some sort of branching strategy happening to cut off points which criticise the wanted fugitive Bibi Netanyahu. The genocidal former furniture salesman who will kill anyone and everyone to avoid his corruption charges.

    • kubb 2 days ago ago

      There was a post about astroturfing a while ago.

      One theory is that the talking points are seeded by a set of paid supporters on platforms like Twitter, Facebook and Reddit. These people live in low income countries and can use LLM + broad directional instructions to mass produce comments in support of the regime.

      The talking points that are successful are then reinforced by genuine regime admirers, enter the canon and spread. There’s no verification mechanism for bad or wrong ideas, since we’re in a post truth society.

      The goal is to uphold the regime. The system trying to be stable and defend itself from the fallout of its actions. The actions are actually guided by an ideology plus personal interests, so they can’t be optimal.

    • jameshilliard 19 hours ago ago

      > I would encourage anyone reading this thread to expand the greyed-out comments. There's honestly something really sinister going on here which goes way beyond opinion.

      There is widespread support in Israel for degrading the Islamic Regime, for rather obvious reasons[0]. I think the evidence tying Bibi's corruption trial to his decision to go to war with Iran is rather weak, especially since Bibi has clearly wanted to go to war against Iran with US support well before the corruption investigation even got started.

      > There's also some sort of branching strategy happening to cut off points which criticise the wanted fugitive Bibi Netanyahu.

      You seem to be referring here to the ICC investigation(since Bibi is quite obviously not a fugitive from the Israeli police). The ICC's jurisdiction is highly questionable among other issues.

      > The genocidal former furniture salesman who will kill anyone and everyone to avoid his corruption charges.

      The corruption charges are not brought by the ICC at all, they originate from an Israeli police investigation and have much more legitimacy than the rather dubious ICC investigation.

      [0] https://en.wikipedia.org/wiki/Destruction_of_Israel_in_Irani...

      • karim79 5 hours ago ago

        I know the difference between the ICC warrant for Bibi for genocide and the corruption charges he faces at home.

        > Rather dubious ICC investigation

        Listen to yourself for a moment.

        • fc417fc802 2 hours ago ago

          Also perhaps take the time to pull up a list of those investigated by the ICC in the past. It's not what I'd describe as good company.

          • karim79 an hour ago ago

            Exactly. We know that the ICC was basically designed to throw arrest warrants at people who the west does not like. (Mostly Asian, African or more generally brown people).

            It's baffling how Netanyahu is, what, likeable somehow? USA, Germany and the UK spring to mind.

            I can't imagine him being good company. And I'm really happy that at least one EU country will arrest his ugly ass (Spain) and that his airspace is getting evermore compromised for fear of being arrested. Which he will be, eventually.

    • CommanderData 2 days ago ago

      Everyone person in the world is suffering right now and is financially worse off because of Bibi.

      In the UK at least, the media is working overtime to blur the blame elsewhere.

  • trhway 3 days ago ago

    why US wouldn't block those tankers? Is there 5-dimensional chess somewhere here that i don't see? One can also wonder what money and through which banks Iran is getting for that oil - i'd find it hard to believe that Iran would accept Chinese currency and store it in Chinese banks.

    • whynotmaybe 3 days ago ago

      Saw a funny remark about 9d chess and with what's happening nowadays, I have the feeling that I'm not even smart enough to understand a game of coin flip.

      Why wouldn't Iran accept Yuan? Without doing anything special, China is becoming the most reliable trade partner in the world.

      • nine_k 3 days ago ago

        Some oil deals between Russia and China already run on yuan (RMB). I suppose the yuans are promptly reinvested into Chinese goods, often the dual-use kind.

      • mmooss 3 days ago ago

        The US dollar is the standard currency for international trade, but the US government of course has great influence over its use. For example, they sanction anyone who does business with Iran.

        This tactic, used against Russia, Iran, and others, has turned them to seeking other, safer currencies. The Euro is risky; EU members are American allies, generally speaking, and also may act against Iran, etc. for their own reasons. The most widely used currency and most stable economy (an unstable economy causes and unstable currency) is the Chinese yuan or renminbi.

        • AlecSchueler 3 days ago ago

          That sounds like more reasons to use it?

          • mmooss 2 days ago ago

            I think I misread the GGP comment. Why not use the Chinese yuan? It's not as liquid or as stable as the US dollar.

            If you sell something for $10 billion US dollars then you can use that money to buy almost anything in the world. If you sell it for equivalent yuan, your options are much more limited. For some things you might need, it could be similar to showing up to a shopping mall in Chicago with yuan - you effectively have no money (without finding a way to convert them to dollars, which brings you back to the original problem).

            Also, while China is a major economic power, they are not considered as stable as the US government (though the gap is closing quickly). Your $10 billion in yuan today might be worth $9 billion tomorrow.

    • comrade1234 3 days ago ago

      The u.s. removed sanctions on Iranian oil so that Iran can buy more weapons from china to attack the u.s. it makes no sense but that's what's going on.

      • LeFantome a day ago ago

        It is more important to the US administration that more oil be on the world market to keep prices in check than it is to protect US troops. Makes perfect sense (completely immoral but easy to understand).

      • simulator5g a day ago ago

        It makes sense. Israel is using the US to provoke Iran into attacking the US, so that the US can attack Iran in response, claiming that they are defending themselves.

      • sysguest 2 days ago ago

        damn the whole operation is all-or-nothing... US just shouldn't have started this if it couldn't finish off the regime cleanly

        this is going to become a worldwide economic disaster:

        iran learnt it can 1. bully nearby gulf-nations 2. block hormuz

        without much retaliation, and US can't do much due to internal politics (well a lot of people don't like Trump...)

        so what cards do each nations have left?

        can US "talk" with / use threats against iran and "make it a good guy"?

        just talking threats can't force current regime to 'become good' -- bombing's not scary anymore

        even economic gifts won't work: economically, iran is not vietnam: it has huge oil reserves, and it can hold hormuz hostage -- so time and effort can't make current regime 'a friend of US'

        so... diplomatic chance is LONG GONE...

        even if biden or obama becomes the president, they can't solve this: the 'benefit of doubt' is gone

        so... unfortunately... the only card left for US and its allies... is ground troops... or some alternative to hormuz...

        • gmerc 2 days ago ago

          remember Afghanistan? There's no "finish the regime quickly". These are religious fanatics. See Taliban.

          • jurgenburgen 2 days ago ago

            This is not religious fanaticism, it’s just a hated state apparatus trying to survive. If I was in the Iranian government making decisions I would squeeze the strait of Hormuz until Trump cries uncle because that’s the best way to survive.

            A bad deal will just give a short break before Israel and US strike a third time.

            • sysguest 2 days ago ago

              > it’s just a hated state apparatus trying to survive.

              well unfortunately its survival would mean tighter control of iranian populace: it now has an excuse to do so ("are you an american spy? why do you disobey higher command?")

              iran will become more like north korea more than before...

              as for the iranian people? well those guys could have been driving porsche like qataris people...

              • donkyrf a day ago ago

                They could've been driving Porsches, except for the D'Arcy Concession which only left Iran with 16% of the profit from oil business in their country for a few decades... followed by Britain using their military might when Iran decided that a few decades of that was enough... followed by the US supporting regime overthrows after that... and so on and so on...

                Iran is the way it is because the West has been ruthlessly exploiting their resources, undermining their government, and attacking them militarily for the last 100 years.

          • sysguest 2 days ago ago

            well I didn't expect this to be easy

            but at least I expected US to be more prepared than this

        • watwut 2 days ago ago

          > can US "talk" with / use threats against iran and "make it a good guy"?

          Problem is Iran leadership especially would need to retarded to trust any good guy promisses from USA.

          I mean, USA breaks promisses to literally anyone, but it specifically bombed Iran already twice during negotiations. And its history involves usa turning hostile each time relationships seems to get better.

          How can you play good guy with history like that? And with present of attacking literal own allies?

          • sysguest 2 days ago ago

            yeah that's why I said the whole operation is "all or nothing"

        • mindslight a day ago ago

          > US can't do much due to internal politics (well a lot of people don't like Trump...)

          I don't know why you're throwing this out casually, like the difficulty is merely due to political dissent? People "don't like" Trump precisely because all of his policies are exactly like this idiotic attack on Iran - poorly thought out, and inevitably end up doing the exact opposite as what he claims they will do. Trump's whole modus operandi has always been aggressive escalation against other parties, then making negative-sum "deals" to extract wealth. This half-works in business but absolutely fails in international relations (why all of our traditional allies are sitting this one out, at best).

          You keep attributing these actions to the "US", but the truth of the matter is that the competent people at the top who was coming up with options like "here is a plan but it requires hundreds of thousands of US troops for years" would have been sidelined and replaced with a Party loyalist sycophant who said it would be easy. For further reading, see this HN thread on the Military Failures of Fascism https://news.ycombinator.com/item?id=47523207

    • Caius-Cosades 2 days ago ago

      Asia-Pacific region gets virtually all of it's oil, gas and fertilizer precursors from strait of Hormuz. Sure. You can block those ships and tankers if you're the US. Doesn't particularly hurt the Iranians, but sure as hell hurts everyone(except China, due to them having their coal-gas industry, strong fertilizer industry etc.) in Asia-Pacific, including Australia.

    • lancebeet 3 days ago ago

      Blocking them would further increase the global oil price which is probably contrary to the administration's wishes.

      • pennomi 3 days ago ago

        Because the average voter cannot see past the price at the pump. People are remarkably uninformed about how the world works.

        • nine_k 3 days ago ago

          The price at the pump affects not only a voter's commuter car, but also every truck that delivers goods across the US. This may have a much larger knock-on effect.

          OTOH the US is the largest oil producer in the world [1]. Theoretically the US could keep domestic prices in check, but that would require rather drastic administrative pressure, likely only legal at wartime.

          [1]: https://www.eia.gov/todayinenergy/detail.php?id=61545

          • salawat 2 days ago ago

            It'd also require completely different refineries. Most U.S. oil is Sweet light vs the Heavy stuff we import and refine from overseas.

        • orwin 3 days ago ago

          It's not only that. Oil prices also greatly increase the price of logistics, mining, metallurgy and fertilisers.

          • dzhiurgis 3 days ago ago

            Plastic packaging in food is about to shoot up.

            • LeFantome 2 days ago ago

              The food in plastic packages is about to shoot up

        • trhway 3 days ago ago

          that brings the question - given the amount of media and propaganda, is it a failure or a result of that media and propaganda.

        • DrProtic 3 days ago ago

          What they have to see in this case in your opinion?

          • 2 days ago ago
            [deleted]
    • orwin 3 days ago ago

      They get Chinese currency and trade it to Afghanistan/Pakistan/Turkmenistan (and probably India and China) to buy food and weapons.

    • credit_guy 2 days ago ago

      My guess is that both those tankers and the oil they carry belong to owners other than Iran at that point. If the US seizes such a tanker, it could be perceived as sn act of aggression by China, for example, if they are the ones who bought the oil.

      • Caius-Cosades 2 days ago ago

        Intercepting those tankers will make US extremely popular in Asia-Pacific. Who doesn't love famine?

    • netsharc 3 days ago ago

      As Trump said, "we're not desperate for a deal, they're the ones who are desperate". Meaning, Trump realizes he sent his military, lead by the genius Hegseth, into a mess, and he is now desperate to get out, since Iran has the power to inflict more pain on the world and have him be the one to be blamed...

    • casey2 2 days ago ago

      The US wants too keep the price of oil high so they can get investment in the Venezuelan oil fields. But they don't want the global economy to collapse.

      They also want Iran participating in globalism.

      • petre 2 days ago ago

        Doesn't matter what they want. It's already a shit show. China will clearly emerge as the sole winner out of this.

        • CommanderData 2 days ago ago

          China is well positioned to always win.

          The US is etching closer and closer at weakening it's neighbours, once they have been defeated China will be the next Iran.

  • mcv 2 days ago ago

    Trump wants to attack Iran and ends up helping them more than ever. And Russia can also sell more oil at a higher price now. Great job. He went in without a goal, plan or exist strategy, and it really looks like he'll end up strengthening Iran.

    At least I hope that Russia's support for Iran and Ukraine's support for the Gulf states, ends up finally driving a wedge between Putin and Trump. But in every other respect, he's just strengthening authoritarian regimes.

    • tutorialmanager a day ago ago

      We want to have a strong Iran, but with a friendly and peaceful leadership. We could easily take out Iran’s oil infrastructure, but it’s important for that to survive for the next generation of Iran. It seems crazy that Iran is still loading oil and selling it right now, but the goal is not to destroy Iran. A revolution is needed and hopefully it will come soon.

      • fc417fc802 2 hours ago ago

        You left out what would happen after we so easily took out their oil infrastructure. Iran would in turn hit all the other oil infrastructure in the region that they could reach. It would be an unmitigated disaster for the global economy.

        It's no different than suggesting that we could easily take out the major military installations of a nuclear power in a first strike. Sure, but what happens next?

  • karim79 3 days ago ago

    So it's either checkmate or MAD. Crazy times indeed.

    • jameshilliard 19 hours ago ago

      > So it's either checkmate or MAD.

      Don't expect MAD to work the way it normally would when you're dealing with ideologies like Martyrdom/Jihad which the Islamic Regime leaders have.

      • karim79 5 hours ago ago

        Tired old Zionist talking points to divert from the realities of the "Greater Israel Project".

  • karim79 3 days ago ago

    Netanyahu will let the whole world burn in a trash fire before getting to the point where he will need to face his corruption charges. He's a narcissistic and genocidal former furniture salesman. Human life is extremely cheap for him. There are really not enough arrest warrants on his disgusting person.

    • wilt6269 2 days ago ago

      [flagged]

      • crikeykangaroo 2 days ago ago

        Imagine defending Netanyahu. Pathetic.

      • karim79 2 days ago ago

        Looks like your first post! First day at work? Not doing well now with your total karma at -2.

        Fucking puppet.

        • 2 days ago ago
          [deleted]
  • 4gotunameagain 2 days ago ago

    Good for them. Defending their country from an unprovoked invasion.

    The hypocrisy of the west is astounding. I hope this is creates a breach between US / Israel relationships. Israel has become pure evil.

    • jameshilliard 19 hours ago ago

      > Good for them. Defending their country from an unprovoked invasion.

      It's hardly unprovoked.

      > The hypocrisy of the west is astounding.

      How is it at all hypocritical for the west to want to stop a regime of terrorists like the one in Iran?

      > Israel has become pure evil.

      Israel didn't murder over 30,000 of their own citizens in 2 days by firing automatic weapons into crowds of protesters, that was the Islamic regime in Iran. When it comes to western values in the middle east Israel is very obviously doing better that any other country in the region, despite Israels issues.

      • 4gotunameagain 18 hours ago ago

        While Israel is not a regime of terrorists ? They are starving out children for christ's sake. Are these the western values you're talking about ?

        Or, okay, I understand. They are expanding and occupying the colony of Israel, that is quite a western value indeed, I'll give you that.

        • jameshilliard 8 hours ago ago

          > They are starving out children for christ's sake.

          Israel has facilitated sufficient aid into Gaza to prevent starvation.

          > They are expanding and occupying the colony of Israel, that is quite a western value indeed, I'll give you that.

          Do you share the view of the Islamic Regime in Iran that Israel should not exist?

    • cineticdaffodil a day ago ago

      Unprovoked? They have been waging a proxxy war against the west since the 80s?

    • fakedang 2 days ago ago

      Israel always was, at least for the last 2 decades. We all (including me) were just too blind and stupid to see through it.

      If you want to form an opinion around Israel, I would've suggested, in better times, visiting the Red Crescent center in Doha accommodating and treating Gazan women and children.

      • mcv 2 days ago ago

        Lots of people did see it, but politicians were way too tied up with Israel to allow even the slightest criticism. I hope that's finally going to change now, because Israel really needs to be reined in. (Iran too, the US too, and Russia too.)

    • rayiner a day ago ago

      [flagged]

      • 4gotunameagain a day ago ago

        Yes, and Iraq had weapons of mass destruction, I know. Shalom.

        • rayiner a day ago ago

          Did the Biden administration cook up an assassination attempt to provide Trump a pretext for invading Iran? Maybe, but Iran has a track record of provocations like that. https://en.wikipedia.org/wiki/1983_Beirut_barracks_bombings

          Iraq had no similar track record of attacking the U.S.

          • oa335 a day ago ago

            > Iran has a track record of provocations like that. https://en.wikipedia.org/wiki/1983_Beirut_barracks_bombings

            > I agree the U.S. does a lot of “unprovoked invasions.”

            Sending U.S troops to intervene in a foreign civil war (1982) seems fairly provocative, along with fomenting a coup (1953), supporting a repressive regime, then harboring the illegitimate unpopular leader after he is overthrown (1979).

            • rayiner a day ago ago

              Nationalizing infrastructure that had been built by and at the expense of foreign countries was pretty provocative too.

  • mandeepj 3 days ago ago

    A good time to be reminded - solar and wind doesn’t need to be exported out of Hormuz :-)

    • nine_k 3 days ago ago

      The real problem is that some of the most important fertilizers are synthesized basically from methane. And about 25% of natural gas is exported via the Hormuz strait. This is something solar energy currently cannot tackle.

      • ZeroGravitas 3 days ago ago

        You can do solar -> hydrolysis -> hydrogen -> ammonia-> fertilizer, rather than methane -> steam reforming -> hydrogen -> ammonia -> fertilizer.

        So it's technically feasible. Not quite there in terms of cost and scale but if the alternative is a blockade then probably worth investing in.

        Ironically some of the best locations for production are in the middle east.

        • Gibbon1 3 days ago ago

          You can run the numbers the cost isn't that bad to do it that way.

          I think South Africa gets most of its diesel from the Fischer–Tropsch process. You could use electrolytic hydrogen as an input for that. About 40% of the energy in gasoline is from hydrogen burning.

          It's not great but it would allow you to run current vehicles off about 40% solar energy.

        • dzhiurgis 3 days ago ago

          Best part you can probably miniaturize entire process into panel itself and 5 panels per hectare would be enough...

          • fc417fc802 an hour ago ago

            Some university in the US midwest demoed a prototype of this several years ago using wind power. Sorry no link to hand.

          • euroderf a day ago ago

            I'd like to see a turnkey synfuels plant for home/business use. Making methane or (better?) hydrocarbons. "Just add solar panels."

            Anyone got a WAG about how much it would cost.

      • th0masfrancis 3 days ago ago

        If 25% of natural gas demand is replaced by renewables then we don’t have to depend on Hormuz for fertilisers.

        • zardo 2 days ago ago

          I don't think it's feasible to do get that done this season.

          • coffeebeqn 2 days ago ago

            It’s less important to get it fully perfectly done this season and more important to actually do it at a short-medium timescale. Why are we still so dependent on the Middle East and Russia?

      • Tade0 2 days ago ago

        Actually it can, but it needs to be scaled up 1000x at least:

        https://www.topsoe.com/news/worlds-first-dynamic-green-ammon...

        Main innovation in this plant is that the process is optimized to run off of intermittent sources like solar or wind.

      • 3 days ago ago
        [deleted]
      • sysguest 2 days ago ago

        well I guess its time to grow nitrogen-fixing plants like beans & peanuts...

        • fc417fc802 an hour ago ago

          Solar and wind are more economically efficient methods of nitrogen fixation.

    • victorbjorklund 2 days ago ago

      Solar and wind needs another source for base power since it is not constant 24/7 365 days and that other source is often natural gas. Nuclear on the other hand works 24/7 all year.

    • Simulacra 3 days ago ago

      Release the strategic wind and solar reserves!

    • Caius-Cosades 2 days ago ago

      Solar and wind doesn't get a single ounce of grain or rice in to the market. No, actually, let me correct that. Solar and wind gets rice and grain to the markets, but only enough for roughly one billion people globally.

  • skeletoncrew2 2 days ago ago

    [dead]

  • juliusceasar 3 days ago ago

    [flagged]

  • FridayoLeary 3 days ago ago

    [flagged]

    • DrProtic 3 days ago ago

      Yeah, like they attacked Syria, or Lebanon, or Tunis, or Iraq, or Libya.

    • netsharc 3 days ago ago

      So, are you a Trump-sympathizer, trying to justify your support for him by trying to find the silver lining from the acrid cloud of burning oil? Asking out of curiosity as to why you'd write this.

      If only someone didn't rip up a deal a particular president with a Kenyan father did, Iran might've been more contained...

      • hagbard_c 3 days ago ago

        [flagged]

        • mindslight 3 days ago ago

          You've answered your own question - there is no policy with Trump. He certainly knows how to hone in on issues that get people riled up, but as far as solutions the only things he has are echoes of plans decades out of date, performative vice signalling, and bluster. In normal times department bureaucrats would keep the policies halfway sane, but he's made sure to replace them with yes-men that just go along with his chaos. You either see this, regardless of your political inclination, and thus you're "anti-Trump". Or you remain transfixed by the cult of personality thinking there must be some grand genius plan waiting behind the scenes (ie the real "TDS" that the term is meant to obscure).

    • orwin 3 days ago ago

      The timing is the dumbest. Either you attacked during the protest+insurection to try to divide Iran, or you waited for Komenei to die of his cancer and the election of another priest as the supreme leader. The guardians of the revolution part of the army would have been loyal to komenei's clan, so the choice would have been to let go the power or to start internal struggles.

      Now they got to switch from a theocracy to an effective monarchy, for free.

    • karim79 3 days ago ago

      [repost] Nonsense. There's no evidence whatsoever that Iran were planning to attack neighbouring countries nor is it in their interest. This is all Israel-fabricated bullshit which goes back about four decades.

      Repost because of the clear strategic downvoting of my other comment.

      I repeat: provide some evidence.

      • karim79 3 days ago ago

        [repost, response to the strategically flagged comment about mountains of evidence about Iran's imminent violence to its neighbours]

        There is not any otherwise you would present it. The only destabilising force in the ME is Israel. And there's plenty of evidence to prove as much. E.g. the minimum of seven wars started by Israel over just the last ten years.

    • karim79 3 days ago ago

      Nonsense. There's no evidence whatsoever that Iran were planning to attack neighbouring countries nor is it in their interest. This is all Israel-fabricated bullshit which goes back about four decades.

      • FridayoLeary 3 days ago ago

        [flagged]

        • karim79 3 days ago ago

          There is not any otherwise you would present it. The only destabilising force in the ME is Israel. And there's plenty of evidence to prove as much. E.g. the minimum of seven wars started by Israel over just the last ten years.

        • jselysianeagle 3 days ago ago

          Where is this "mountain of evidence" that an attack from Iran was imminent?

        • vrganj 3 days ago ago

          Help me make up my mind, could you link said mountain?

          • CamperBob2 3 days ago ago

            "We know where they are. They're in the area around Tehran and east, west, south and north somewhat." [1] - Donald Trumpsfeld

            1: https://www.azquotes.com/quote/597820

            • karim79 3 days ago ago

              I can't tell if that was posted as a joke or is serious. The Rumsfeld who also swore that Iraq had WMDs.

    • dttze 3 days ago ago

      [dead]

    • jazzpush2 3 days ago ago

      [flagged]

    • karim79 3 days ago ago

      [flagged]

  • zahlman 3 days ago ago

    [flagged]

    • bdcravens 2 days ago ago

      As long as you're concerned about guidelines:

      > If a story is spam or off-topic, flag it. Don't feed egregious comments by replying; flag them instead. If you flag, please don't also comment that you did.

    • comrade1234 3 days ago ago

      Taiwan, Korea, and other Asian countries are running out of fuel and natural gas for electricity. Computer components are already about 2x their price a year ago.

      • zahlman 3 days ago ago

        Yes, and again this has already been repeatedly discussed in multiple recent submissions.