this post was submitted on 18 Jun 2026
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Something like 20% of the worlds fertilizer and oil goes through there when it's open. In the USA, crop yields will be down 5-10% for corn and i bet lots of farmers can't afford the increased prices. Some will go bankrupt, and I bet a lot vote Republican.
Oil impacts the cost of everything, diesel and petroleum for transport of goods,driving to work and heating/cooking . Petroleum products also include plastics and rubber.
Trump and Bibi fucked the global economy for a year, including the US