No, a US tariff on Saudi Arabia wouldn't matter for either country. Make it an embargo, with other nations coerced into cooperating, and it would matter. The U

No, a US tariff on Saudi Arabia wouldn't matter for either country. Make it an embargo, with other nations coerced into cooperating, and it would matter. The US was getting oil from closer places like Mexico and Venezuela. Some came from Africa. Saudi Arabia only mattered due to the overall effect on world price. Europe would buy from Saudi Arabia, so Europe didn't need to buy from where the US was buying.