Energy shock from Iran war drives rethink on fossil fuel reliance
Mar 21, 2026
Washington DC [US], March 21: The energy shock caused by the war on Iran and the broader conflict in the Middle East is pushing policymakers around the world to rethink how to cut long-term reliance on imported oil and gas, opening room to ideas varying from expanding nuclear and renewable energy, boosting strategic reserves and domestic output, to diversifying foreign sources of supply.