Trump's war may hasten the end of oil and gas dependence

[marmar]

Trump’s war may hasten the end of oil and gas dependence
The conflict is already disrupting transit through the Strait of Hormuz, driving price spikes and volatility

By Russell Payne
Staff Reporter
Published March 26, 2026 6:30AM (EDT)


(Salon) The joint U.S. and Israel war with Iran has triggered an energy crisis that is only deepening. Now President Donald Trump seems to be unexpectedly and unintentionally pushing the world away from oil and natural gas, a trend that may only expand the longer the war continues.

The Iranian government has asserted their control of the Strait of Hormuz, a crucial waterway through which about one-fifth of the world’s crude oil and liquid natural gas transits. Acting as a natural chokepoint, only ships from countries friendly to Iran have been able to pass the strait, limiting the amount of oil and natural gas leaving the Persian Gulf. So far, ships from Turkey, India and Pakistan have been allowed to pass, though other countries are in talks to arrange passage.

....(snip)....

This, coupled with murky goals in the war and no end to the hostilities in sight, both oil and LNG prices have skyrocketed and remain volatile, despite the lifting of sanctions on countries like Russia and attempts from world leaders to soften the impact of the supply shock by releasing oil from strategic petroleum reserves.

The crisis is forcing some countries to reconsider their relationship with fossil fuels and step back from an overreliance on oil and natural gas — at least for countries able to reduce their vulnerability to future shocks. Persistent high prices can also result in what’s known as demand destruction. .....................(more)

https://www.salon.com/2026/03/26/trumps-war-may-hasten-the-end-of-oil-and-gas-dependence/

[Cheezoholic]

1. Countries are in talks WITH IRAN and NOT FATASS for passage. That's gonna send some ketchup flying

He might block the Straits too unless countries PAY HIM homage (and cash).

[FakeNoose]

2. Cue the wind farms

And put solar collectors on every roof in the US ....