There is nothing wrong with doing business in the middle east. What is wrong is to rely so much on the Middle East. This creates contention and undesirable situations, especially for Middle East folk. The very fact that most of them export their resources to oil feed the rest of the world, when very little money returns to them is indicative of most of the geopolitical problems that rose, are rising and will rise in the area.
Oil is not the only example. Manufacturing and outsourcing is another. If only 20% of the Asian manufacturers of integrated circuit/assembly lines decided to close tomorrow for whatever reason, the implications for the US and the rest of the electronic consumer's world would be at least worrying and at most catastrophic for the market.
I believe this is a general trend of globalization, which is mainly driven by us, because we want the cheapest and then someone has to produce that cheapest product by pushing outsourcing to the point where we rely on few places. Personally, if I knew that a product is REALLY only made in the US/UK/Europe etc, I would buy it, even if it was more expensive. Not because I dislike Asia or whatever distant part of the world, but because I want with my behavior to enforce resilience, the very opposite of absolute reliance.
Do you really think that the world has resilience today in terms of energy?