Yet.
The surge in electric cars is a driving force for new tech - higher energy density batteries, faster charge rates, longer life, etc etc.
For shipping it’s only a matter of when.
Planes are harder, but just today electric choppers started flying in NYC. It’s coming.
Remember that oil/petroleum is used in things like plastics, fertilizer, lubrication, non-natural-rubber seals/gaskets, LNG extraction has helium extraction has a by-product.
Reduction in oil-for-transportation can be reduced (thus reducing climate change effects), with oil-for-other-things still being a thing.