Oil is up 40% in Europe. In the countries closest to Iran it barely moved. You’re not paying for a real shortage. You’re paying for a story.
- Iran closed Hormuz to the world. But Chinese tankers are still passing through. Iran is literally selecting who gets oil
- China stockpiled 1.4 billion barrels before the war started. They knew. Europe stockpiled nothing
- Turkey, Georgia, the Caucasus sit right next to Iran. Pipeline oil still flowing. Prices not moving.
- Europe doesn’t even buy Iranian oil. They’re paying a 40% premium on oil that was never disrupted for them
- The “shortage” raised prices most in the countries furthest from the conflict and least in the countries next to it
That’s not a supply crisis. That’s Europeans being scammed.
1/ With nearly $1.8 Billion saved on gas fees, 36 Million transactions, and 4.7 Million UAW, March was one of the biggest months ever for the SKALE ecosystem!
Catch up on everything from last month in the SKALEverse ⬇️🧵
Teaming up to revolutionize WordPress NFT marketplaces, @kredeum and SKALE are joining forces! 🤝
This collaboration enables Kredeum to leverage SKALE's infrastructure to offer a widely accessible gas-free NFT marketplace.
More on this partnership: https://t.co/QgbJHJ8GGO
Embark on an immersive journey with @katanainu, a multiplayer PC game centered on fun and free play, featuring spell and sword fighting, now building on SKALE!
Enjoy zero gas fees and instant transactions, reshaping the gaming experience for all! 🎮
👉 https://t.co/F3i12SMiZG
There’s a lot to be thankful for over this past week on the SKALE Network!
This #Staturday let’s take a look at what the SKALE Community has accomplished 💥
💰$96,868,434 USD saved on gas
⛽️47,922 ETH saved on gas
🛠️8,815,390 TX
👥 972.5K UAW