Thursday, March 19, 2026

Not their war, but what about their oil?

"This is not our war," the German defense minister snipped the other day, explaining why his country wouldn't send a frigate to help open the Strait of Hormuz. Meanwhile, European gasoline prices edged toward 2 euros a liter or $8 a US gallon, enough to shock even a Californian. So, yes, Iran's near-closure of the Strait is hitting Germans where it hurts, and an Iranian missile hitting the world's largest liquified natural gas plant in Qatar caused European LNG prices to jump more than 20 percent.

So what's the hurry to open the Strait? I gassed the Subaru the other day for $3.33 a gallon. "Not our oil," Trump could say to Herr Pistorious.

Then there's Ukraine! While Russian drones and missiles ravage the country -- 2 killed, 20 wounded yesterday -- Ukrainian drone specialists are already in the Near East, helping Qatar and other Arab nations to cope with the Iranian attacks.

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