> Adjusted for inflation the price of oil isn't even the highest it's been this decade, let alone historically.
I dont think UAE cares about American oil prices that much. Nor does Europe nor does Asia. That just meand America is less motivated to solve clusterfuck it created.
And yes, it is huge issue already. With flies cancelled for summer, with strategic reserves already being used, with homeschool and home office in some countries, shorted workweek in others, factories producing less.
> We probably won't know for twenty years if that's true or not.
We do know that. There was no urgent reason to start badly prepared war. And no involved country is peaceful.
> The country also sits on a wealth of natural resources but was solely researching nuclear power for peaceful purposes.
It was entirely legal for them, because literally USA teared down agreement to do the opposite.
And what everybody knows now is that the only way to be safe from aggression is to have nuclear.