“...This could stir panic and paralysis in the oil market....”
Very possible. Watch precious metals and oil & gas stocks in the days/weeks to come. Depending on the severity, we could see some drastic jumps. As a previous poster commented, the USA has the energy capability now that it didn’t have in the mid-70s. Of course, the UniParty hacks and unhinged left will continue to try and shut it all down.
Trump just got several billions for our shale oil from China...as I see it we asked Trump to do the deals and that's certainly happening. The markets are always jittery when big geopolitics are in play as well as threats of war. I think this was taken into consideration as things are in motion at this time.