You know what doesn’t need to be drilled out of the earth and shipped halfway around the world? Renewable energy. Yes, the infrastructure would take time to be more widely available, but at least we wouldn’t have to worry about conflicts affecting our energy needs.
BREAKING: Saudi Aramco has cancelled all of its September European crude oil allocations and is scrapping every cargo slated for late-September loading onward, with a European lifter saying no Saudi oil cargoes at all until November, per initial reports citing oil trading firm Onyx and market sources.
That takes the world's largest exporter out of the European market for the rest of September and all of October, a de facto force majeure on Saudi crude to Europe from the 3rd largest energy producer in the world.