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Something interesting is happening in the energy market right now. The US has just extended the license for certain operations with Russian oil to continue, like with an actual license, you know? That thing that seemed like it was going to stop for good, but in the end, they reopened it.
What’s going on is that despite all the heavy sanctions due to geopolitical tensions, there are specific Russian oil transactions that the American government has decided to let happen. It’s like an agreement to keep things more stable in the global market.
The truth is that energy is way too serious to let the market collapse. If everything is cut off at once, prices spike and affect everyone. So there are these loopholes with meme licenses where certain deals keep going to avoid chaos in international prices and supply security.
It’s one of those situations where geopolitics and economics clash, and in the end, those who need to keep the lights on win. Interesting to see how these dynamics work behind the scenes.