We Buy 0 Oil From Iran. Big Oil Scam

Oil prices are based on “Futures” prices. It’s not too late to sell short. Reap the benefits.

So much of "oil trading" is done by guys in suits dealing in commodities. They never touch a drop of oil. Prices at US refineries have changed very little on the incoming side, but the output is priced based on projecting an increase of new incoming crude after this is sold.
One scam is quarts of oil we buy retail. From Biden to Trump the price of crude fell, but the cost of motor oil is still priced as if there is $100 bbl oil. It never fluctuates.

Gasoline at the pump is the only product that can go up or down in price within a hour or two.

We buy a lot of oil from Saudi Arabi, Kuwait and Iraq and it has to pass through the Strait of Hormuz.

AI Overview
The United States primarily imports oil from its North American neighbors, with Canada as the top source providing roughly 60% of total crude imports in 2024. Mexico is the second-largest supplier, followed by Saudi Arabia, Brazil, and Colombia, with over 80% of imports now originating from the Western Hemisphere.
Top U.S. Crude Oil Import Sources (2024-2025): Do your Research

I did my research --specifically into the reason why interruptions in crude oil sourced from the Middle East has so much impact on fuel prices in the U.S....which is why I said what I said.

Here's a hint: composition of Canadian crude vs. Middle East crude. If you need more to go on, let me know.

California buys oil from Texas, and it passes through the Bahamas...