But that is not the case. The oil and gas was still leaving Saudi Arabia The amount involved is around 15% of the world's supply. Factor in the Oil and gas still leaving from Iran and being sent to India, Pakistan and China. This has been acknowledged from all parties and is public knowledge. Add in the tankers transiting the Strait of Hormuz, with their id tracking systems off and the reduction in supply is probably closer to 10% of the world's supply. Although there is no denying that the energy supply is disrupted, I think that we will find after some time has passed, that the shortage has in large part been engineered to increase the cost of the products, thereby boosting the income of those who have investments in alternative sources.
