Canada

I actually expect that demand for oil will be shrinking going forward. The renewables are already cheaper today, and the war on Iran is going to drive prices up for years to come. Even clearing the current backlog in Hormuz will take around a year. So, countries are now rushing to buy up solar panels and China's exports doubled in March. That's going to be the prevailing trend now because producing energy domestically is a matter of national security at this point. Nobody wants to be stuck with their pants down when the next conflict breaks out or some other shock hits the supply chains. Current wars will end, and supply will get restored, but we might be living in a very different world by that point.