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Butter also significantly increased in price here in Germany, although probably for completely different reasons. My previously pricey fancy all natural yada yada margarine that felt like it cost double the price of (cheap) butter is now cheaper than the same amount of butter. Or at least was some days / weeks ago.
Long story short, Russia can get fucked, I have zero sympathy left for anyone just tolerating the situation. But these are the logical consequences that actions can have.
This is something that never made sense to me. The US is already a net exporter for oil (dunno if removed or whatever) but the economy is not limited by fossil fuel availability.
Other nations are trying to move away from oil, especial China which was a huge market for ICE cars to until recently.
Also, you’d be insane to rely on the US for essential goods for the next 4 years and possibly beyond. So you have a commodity that is seeing less international use in its prime market, a supply larger than demand, and yet ask other nations to lower the price which in turn makes your product less desirable or profitable (https://www.reuters.com/business/energy/opec-yet-react-trump-call-lower-oil-prices-2025-01-24/) while proving you’re a terrible partner.
Meanwhile, Trump ran on increasing production. It makes no sense.
What is the end goal here? Can someone explain?