It is certainly relevant to the economic situation, but I'm not sure it was done out of an awareness of potential instability in SA. I think it was done more

It is certainly relevant to the economic situation, but I'm not sure it was done out of an awareness of potential instability in SA. I think it was done more purely for shorter-term economic motives. Which doesn't make it wrong, but I don't think it's evidence of a perspective on a larger situation. For example, if KSA blows up politically, and it leads to (for example) 6 months of no oil coming out, do we even have the tanker or pipeline capacity to keep Europe supplied?