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40 sats \ 2 replies \ @Satosora 27 Sep \ parent \ on: Prediction Realized: The Fed Opts for a Rate Cut | The Libertarian Institute econ
Is that what it was?
Was supply really disrupted?
Was that during the Iraq war?
The wars in Ukraine and Palestine have both caused supply disruptions in oil shipments.
Before that, there was a huge spike in demand caused by Europe badly overestimating what their renewable energy output would be.