How freak weather and an old‑fashioned grid exacerbate energy insecurity

Tuesday 28 Apr 2026
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The Iran crisis is reshaping how the world produces, uses and secures energy. This is no temporary shock. It has become a structural stress test of energy systems, industrial production and government strategy.

We’ve seen this in the recent past: household energy bills in 2024 were still about 4% higher than in 2019, even after the 2022 global energy crisis had eased (annual bills were up 16% at the peak). That crisis was driven by a combination of post-pandemic demand recovery, tight energy supplies and wider geopolitical disruption, including the Ukraine war, which pushed energy prices sharply higher.

Read more in The Conversation