” That would have a devastating impact on oil exporting nations like Iran and Russia.”
How much oil do we currently import from iran.
Please state for the record.
Oil is a global commodity. It is roughly the same price everywhere. So even if you don't use a drop of Iranian oil, your gasoline use aggregates with all the other U.S. and European demand, which causes an increase in global oil prices, which enriches Iran when they sell their oil to China and India.
On the other hand, if the U.S. and Europe started driving most of their miles on electricity, it would cause oil prices to plummet and bankrupt Iran.
Make sense?