BABIN: Throughout all the other geopolitical events that have happened over the last several years, we get these spikes, and then supply is not impacted and they revert very quickly. JIM BURKHARD: The U.S. is the biggest oil producer in the world by far. So the U.S. is less reliant on the Middle East, and the rest of the world has backup supplies if it needs them.
Author: Camila Domonoske
Published at: 2025-06-24 21:57:59
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