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How War Will Lead To COMPLETE Disruption of Energy | De-Industrialization Begins
Conflict or the threat of conflict can have a significant impact on the price of crude oil, as oil is a globally traded commodity and any disruption to its production or transportation can affect the supply and demand balance. If a major oil-producing country is involved in a war, it could disrupt oil production and lead to a reduction in the global supply of oil, which could drive up the price.
In the case of a war involving China and the United States, the impact on crude oil could be significant. If the conflict were to disrupt oil production or transportation in either country or in the regions where they import oil from, it could have a heavy impact on the global oil market.
Additionally, if the conflict were to escalate and involve other major oil-producing or consuming countries, it could further disrupt the global oil market and lead to even higher price increases.
It's worth noting that there are many other factors that can also impact the price of crude oil, such as economic conditions, demand for oil, and the actions of major oil-producing countries.
TOPICS AND TIMESTAMPS:
Wars 0:00
Energy 5:51
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