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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Author: Steve203 ⎊❂🐝 HONORARY
SHREWD   😊 😞
Number: of 86289 
Subject: Iran war = US big oil profits
Date: 03/18/26 1:08 AM
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US locks in $56 billion of Asian energy deals amid Gulf disruptions

Asian nations that are the most exposed to the fallout of the Hormuz crisis have sealed energy deals worth $56 billion with American companies, helping advance President Trump’s energy dominance agenda. Whether this is an actual pivot from the Middle East to the U.S. is yet to be seen.

The news about the financial commitments was announced by Interior Secretary Doug Burgum following the Indo-Pacific Energy Security Forum that took place in Tokyo at the end of last week. The deals involve a 20-year supply contract between Venture Global and South Korean Hanwha Aerospace for 1.5 million tons of liquefied gas and a deal between Terra Energy Center and Hyundai Heavy Industries for the supply of coal power plant equipment for a 1.25-GW power generation project in Alaska.

msn.com - US locks in billion of asian energy deals amid gulf disruptions

If you watched Burgum's speech at the convention, you knew this was what they were working on. It was no coincidence the regime seized control of Venezuelan reserves, before blowing up other people's production in the Persian Gulf.

Steve
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This community has written 86,214 posts about US Policy. The article-length ones it recommended most:
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