> The damage to global economy from the spiking oil prices, unpredictability - and the very real poverty this will push people into.

To expand on that - the southern hemisphere harvest is over, now it's edging into seeding time to get the next round of crops started.

More than one farm is struggling to secure the volume of fuel required to seed.

With significant refineries offline for ~ 5 years, impacted fertilizer (agriculture) and sulphar (mineral processing) production deeply impacted ... this "little excursion" is set to cast a long shadow across the entire globe for quite some time.