How would the Iran crisis play out in a world powered by renewables not fossil fuels?

Thursday 05 Mar 2026
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Imagine the escalating conflict between the US, Israel and Iran unfolding in a world powered mostly by wind, solar and batteries rather than oil and gas.

In today’s fossil-fuelled economy, markets react to Iran’s attacks on oil and gas facilities in the Gulf and the threat to close the strait of Hormuz. Oil prices jump. Governments brace for inflation. Around a fifth of the world’s traded oil passes through the narrow corridor, linking the Gulf states to the wider world. When tensions rise there, energy markets react instantly.

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