In response to attacks on Saudi oil, Trump has made assurances that there will be “plenty of oil.”
Trump:
It is estimated that the attacks have cut Saudi output by 5.7 million barrels per day, which represents over 5% of global oil production.“Based on the attack on Saudi Arabia, which may have an impact on oil prices, I have authorized the release of oil from the Strategic Petroleum Reserve, if needed, in a to-be-determined amount sufficient to keep the markets well-supplied.”