I doubt that the world will subscribe to the idiocy of the current US admin. China will just push harder for renewables while Europe and the rest of the world will try to coup with the shock but I am certain they won’t go to war with Iran because they have no reason. Eventually US will have to decide if it’s going to do anything or just live with high oil prices for long or just go back home in a British Suez fashion.
> Eventually US will have to decide if it’s going to do anything or just live with high oil prices for long or just go back home in a British Suez fashion.
This is the flaw in your thinking. It won't be the US who alone decides to live with high oil prices, it'll be everyone.
Vague promises of "pushing for renewables" is a gross mischaracterization and misunderstanding of the importance of oil and gas to the global economy. Note, I'm not anti-renewable or whatever, but chalking this up to a "US problem" is willfully ignorant.
Declining to follow a blunderer into a blundered war really isn't a "decision to live with high oil prices" rather common-sense. This is the USA's mess.
You can be mad at America and ignore Iran's role if you want, but that doesn't lead you to anywhere productive. The United States like any country is an actor on the world stage that has interests and can take action to defend or assert those interests. If the world thinks this is a problem, they should have mediated between the United States and Iran and helped to prevent conflict. Instead they did next to nothing. War happened. Cue surprise and condemnation.
I think the world will start mediating but not in the way you think/want. They will just divest from the U.S., slowly but surely so that when the next U.S clown start messing around they don’t have to flatter it anymore.
They are divesting. Moving gold away from the US, selling US bonds, the EU creating an investment mechanism meant to pull EU investment away from the US and into EU companies, etc.
The Netherlands still maintains gold in the US and also divested from Canada. It's also like, $80 billion dollars which is maybe a lot to a tiny country with the GDP of Florida but it's an inconsequential amount to, say, the American economy. Second there are mechanical and legal reasons you might want to have more gold in London where it is more easily tradable.
> the EU creating an investment mechanism meant to pull EU investment away from the US and into EU companies
If you claim this is a divestment from the US (the most important market for many European countries) then you also have to claim the EU is divesting away from China.
Arming all their proxies in the region so they can indisriminately kill people ? Firing balistic missiles and drones on cities ? Atacking civilian ships & killing many sailors just doing their job ?
I know. It was a rhetorical question. I want the person I was replying to, to admit to these non-defensive activities, or admit to their not following the events closely.
I think the rhetorical answer is why should we care if Iran is doing bad stuff around? Is that enough to start a war with Iran?
We don’t care if Trump is doing a deal with criminals to steal oil from Venezuela either so why should the world be so eager to help him steal oil from Iran as well?(and perhaps do a deal with the meanest of them all)
Why should we care that Israel is doing bad stuff around? Or Russia?
> We don’t care if Trump is doing a deal with criminals to steal oil from Venezuela either so why should the world be so eager to help him steal oil from Iran as well?(and perhaps do a deal with the meanest of them all)
Not stealing oil. Let’s set that aside.
The reason nobody cares is because Maduro was a criminal and was responsible for economic devastation in Venezuela resulting in 1/3rd of the country fleeing!
Russia-Ukraine war is important for Europe and perhaps should for the US as well but you can well see that’s not that important for Israel for example.
Nobody cares about Maduro saga because it’s not worth it to upset the U.S for obvious no real gain. On the other hand the Greenland saga for example played out differently. You may see a pattern if you look close enough: Greenland and Venezuela are pretty much the same situation and taking down the bad guy had nothing to do with it. You may also remember the U.S released the convicted drug dealer from Honduras because it played ball with the U.S.
> Russia-Ukraine war is important for Europe and perhaps should for the US as well but you can well see that’s not that important for Israel for example.
We just decide it's not important then like Europe decides Iran isn't important. No difference.
> Nobody cares about Maduro saga because it’s not worth it to upset the U.S for obvious no real gain.
Well it's not that there's some "let's not upset the US" thing here, it's because they know it was a good thing for global security and good for the Venezuelan people.
> On the other hand the Greenland saga for example played out differently. You may see a pattern if you look close enough: Greenland and Venezuela are pretty much the same situation and taking down the bad guy had nothing to do with it.
That doesn't make any sense lol. How in the world are you arriving at a pattern match where you see Maduro, a guy helping Russia evade sanctions, destroying the Venezuelan economy, and creating a humanitarian disaster as 1/3rd of the country fled with Greenland, a country the US operates military bases on and has a population of like 20 people?
> You may also remember the U.S released the convicted drug dealer from Honduras because it played ball with the U.S.
I'm not familiar with the exact circumstances here. Maybe I agree or disagree with the action, but if they were doing something that was more helpful than the punishment for the crimes they committed maybe it makes sense to do.
> The reason nobody cares is because Maduro was a criminal and was responsible for economic devastation in Venezuela resulting in 1/3rd of the country fleeing!
And now it's even worse but USA gets free oil so it's all fine!
No, it's better now. Most Venezuelans are glad that Maduro is gone and their economy will improve greatly over the next decade or so. The US isn't "getting oil for free".
> Europe and the rest of the world will try to coup with the shock
The two major economies in the EU (France and Germany) are both facing severe recessions and a parliamentary deadlock + soon to be elections would will be most certainly won by Putin's allies and/or radical communists.
All of this to say I would not hold my breath on Europe doing much at all in the coming months/years.
I was talking about France Unbowed (LFI) in France which is radical left parti (and allies of the French communists parti) that wants to burn the debt owned by the French state (their own words not mine) and could be in the second round of the French election vs the National Rally (far right).
Both the National Rally and France Unbowed are in favor of stopping Ukrainian foreign aid.
What is the world going to do? The US is the only country that has a "blue water" navy. That means not just enough ships to go to sea, but enough of a supply line to handle all the logistics of having ships anywhere in the world they want them, for as long as they want.
Everybody else (with sea access) has a coast guard, and maybe a few ships for show. China is making enough ships that in a decade they could be there, but it isn't clear they want to go there - they don't see to be building the world supply line needed (but around China they do have that power already).
That is if you don't like the current situation with the US deciding the rules of the sea, then you need to pay for your own navy.
