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Andris's avatar

Would be interesting to see the other side of the equation. How much oil and LNG is not being extracted by GCC countries due to the blockade of the strait? And how much of that is not replaced by other sources, thus reducing the CO2 output instead of e.g. using coal power plants, making even more CO2? I expect that due to the price changes and possible economy crash, oil consumption will be reduced a few percent for a few months. One more: how do electric car sales react to the price changes?

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