This will probably drive up gas prices for the rest of the world.
More liberal groupthink, you’re blaming the wrong people. Russia committed and is still committing the original sin.
Doubtful that it will affect the world markets as much as some think. Stopping oil flow through the Straits of Hormuz, however, would be disastrous for prices. It is too good a lever for bad actors, so I wouldn’t be surprised if Russia engineers a slowdown of ME oil.
Trump didn’t highlight his deal with Pakistan for no reason. He’s literally willing to build an escape hatch for India.