Ironically, Trump attacking Iran and closing the Strait is a boon to China and EV makers. Once the car is produced, aside from lubricants, it’s completely independent of oil. Heck you can put panels on your rooftop and slow charge it during the day.
Sure, but increasingly less so as electrification takes off. And using less gas means you can redirect that to the other derivative products such as plastic.
With where the Trumpists want to take us, tires made out of carved stone will suffice. Non-EVs will be retrofitted with a hole in the floor for your feet.