$5-a-litre gasoline: the pro-Russian forecast comes true, in Iran
The pro-Russian forecast of 5-euro gasoline has come true, but not in Europe: Iran-US clashes send fuel prices soaring in the Middle East.
English · Original discussion in Spanish · Published
$5-a-litre gasoline: the pro-Russian forecast comes true, in Iran
While pro-Russian analysts had spent months warning that gasoline would hit 5 euros a litre in Europe as a result of sanctions, the real frontline of the escalation has shifted. Last night, direct clashes between Iran and the US were reported, and the cost of fuel in the region has shot up to that dreaded threshold.
In Crimea, where gasoline supply was already a risky operation, prices have also risen, though not to the predicted level. The irony is not lost on anyone: those who predicted Europe's energy collapse have seen their forecasts come true, but on the opposite side.
The prediction has come true: a litre of gasoline now costs around 5 euros. But not in Madrid or Berlin — in Tehran. The geopolitical miscalculation leaves the prophets of chaos only half right.
While pro-Russian analysts had spent months warning that gasoline would hit 5 euros a litre in Europe as a result of sanctions, the real frontline of the escalation has shifted. Last night, direct clashes between Iran and the US were reported, and the cost of fuel in the region has shot up to that dreaded threshold.
In Crimea, where gasoline supply was already a risky operation, prices have also risen, though not to the predicted level. The irony is not lost on anyone: those who predicted Europe's energy collapse have seen their forecasts come true, but on the opposite side.
The prediction has come true: a litre of gasoline now costs around 5 euros. But not in Madrid or Berlin — in Tehran. The geopolitical miscalculation leaves the prophets of chaos only half right.
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Summary of a discussion on Burbuja.info - Foro de economía, actualidad y política., translated from Spanish and reviewed before publication. Read the full discussion (18 replies).
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