Ideal geographic locations for Oil and LNG is US and Australia. As the geopolitical situation worsens US energy is ideally placed to supply Europe and Australian energy for Western allies in Asia (Japan, South Korea and Taiwan).
Middle Eastern energy assets owned by the Oil majors are useless if war breaks out and supplies cannot get out (i.e. if Strait of hormuz is shut then all the Qatari LNG is lost).
The geopolitical premium of Woodsides 'safe and reliable' barrels will be priced in sooner or later in a fracturing world.
Woodside, page-1782
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