Since you seem pretty smart: are there petroleum based cooking oils?
EDIT: corrected an autocorrection.
Instead I suggest that they will buy the fuel at higher prices, and sell less produce, and also milk and meat which are downstream from feed crops, at higher prices. More than that, in a bout of bitter irony, the West might need to lift sanctions from Russian oil, and maybe ask Russia to drill and sell more.
This, or the US should somehow defeat IRGC and defeat / appease the Iranian Army, and unblock the strait. I wonder if it's going to cost less even along the monetary dimension.
The US has already done this!
Truly, Iran turns out to be an invaluable ally to Russia.
Given that what we're talking about is disruptions caused by a shortage of petroleum, is there any other definition of "upstream" that is meaningful for the conversation?