The economy IS oil. If we don't want armageddon, the Fed must be restructured or abolished first, and a new non-petro dollar must be issued.
Else, the Middle East would descend into chaos and could easily spark WW3.
Being President is not a thought experiment. Externalities are limitless.
But expecting it before the munitions are disarmed would only serve to allow the free generation of power for our nuclear bunkers.