If a war broke out between Saudi Arabia and Iran that resultedin the disruption of 40% of the worlds oil refineries, what wouldthe effect be on the world oil market?

a. The demand curve would increase, increasing the market priceof oil

b. The supply curve would decrease, lowering the price ofoil

c. The supply curve would increase, raising the market price ofoil

d. The supply of oil would decrease, increasing the market priceof oil