American logistic expert reports from China video: Russia, Iran, and China are pushing oil prices down across the world. (Almost) Everyone is happy. China’s EV is hurting big US & European oil companies. Trump is control by these oil companies. That is why Trump wants to destroy Elon Musk’s Tesla as well as Solor and Wind Energies in the US. 美國物流專家從中國視訊報導：俄羅斯、伊朗和中國正在壓低全球油價。 （幾乎）每個人都很高興。中國的電動車正在衝擊美國和歐洲的石油公司。川普被這些石油公司控制著。這就是為什麼川普想要摧毀伊隆馬斯克的特斯拉以及美國的太陽能和風能.

https://youtu.be/pKcXOVtiJnM?si=v7TpgVn85DQBJhaP
https://www.tiktok.com/t/ZP8hfNo8C/

Western sanctions against oil producers in Russia and Europe have simply re-routed global trade routes.

Energy shipments from Russia to the European Union have instead been snapped up by India, Turkiye, and Africa.

Iran, though under heavy sanctions, produces more oil today that at any time in over 40 years, with $78 billion in export sales, mostly to China.

Russia and Iran are some of the world’s lowest-cost oil producers in the world, and can book profits even as prices fall.

In the United States, drilling companies are shutting down oil rigs and shelving plans for new exploration. Energy companies cannot profitably drill new wells in North America, unless oil prices maintain long-term pricing far above $60 per barrel.

Demand destruction is also being felt across the world, as Chinese production of new energy vehicles is a hit to future gasoline sales.