The Iran War Is Accelerating the Renewable Energy Transition -- Just Not in the U.S.
By Thor Benson
Published on April 26, 2026.
The Strait of Hormuz has closed, causing oil and gas prices to surge globally, causing a surge in oil prices globally. The cost of a gallon of gas has increased by over a dollar since the closure of the strait, and diesel prices in Europe have also increased by around 10 percent. Asia is particularly affected by this, as roughly 20 percent of the world's world's oil and LNG passes through the Strait. While this may be bad for consumer prices in the short term, it may benefit the climate in the long term. Mark Z. Jacobson, a professor of civil and environmental engineering at Stanford University, suggests that countries should instead be sourcing electricity and heat from clean renewable sources like wind, solar, geothermal and hydroelectric. South Korea's energy minister has stated that the Iran war is a significant turning point for the country's shift toward renewable energy and away from oil. Similar actions are being taken in Europe, with some countries focusing on increasing their transition to renewable energy. However, the U.S. government has shown no interest in increasing the development of renewable energy, despite increasing interest in the solar industry and increasing fossil fuel industry.
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