The reality is that the states that control the supply are in between a rock and hard place, and I truly feel bad, don’t envy them one bit . Saudi, Iran and even Israel to a degree are simultaneously fighting to maintain their state power beyond being an old glorified oil/gas refinery plant, towards becoming a productive collective, staying relevant in the 21st century and also playing their cards well by selectively withholding oil for purposes beyond tanks and rockets is tough and puts pressure on them to innovate in ways that not only threatens the status quo but also the usual backwater terrorist types who they’ve been battling the last decade or so