Trump promoted fossil fuels. His war is pushing the world away from them.
As oil prices spike, governments are slashing fuel use and eyeing renewables — threatening to erode global demand for fossil energy.
President Donald Trump claimed that Iran essentially shutting down the Strait of Hormuz "doesn't really affect" the United States the way it does "other countries." It's true that a small share of U.S. oil imports comes from the Persian Gulf. But the U.S. has been affected by the global increase in the price of oil.
As oil prices spike, governments are slashing fuel use and eyeing renewables — threatening to erode global demand for fossil energy.
Gov. Hochul’s reliance on fossil fuels may end up costing more than renewables, clean energy advocates say.
The Iran war will accelerate the region’s economic transformation.
On February 28, the US and Israel launched new attacks on Iran targeting primarily the country's leadership, security forces, and missile program.