Energy fallout from Iran war signals a global wake-up call for renewable energy - AP News

AP News
March 20, 2026
1 min read

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Oil steadies and global shares are mixed as Iran war fuels energy supply concerns - AP News

<a href="https://news.google.com/rss/articles/CBMimAFBVV95cUxQb212V0FGeWZNZWV3ak50THZNajRJczNGOVJNSWxUVUoyeG1fUklGNUFEX1VtZjRyVWhjOFZEeUtNdVNkdldJZ1FRcmFhY1NSWXdYNE9uZm82bTZmWExJUDdaTzJlT1AwUENvZ1ZfTmlVMHZjRW9TcENWUVNld2JNRThxU29SY0FKTjRJVi11U2p1cmJ1Mkg3UQ?oc=5" target="_blank">Oil steadies and global shares are mixed as Iran war fuels energy supply concerns</a>&nbsp;&nbsp;<font color="#6f6f6f">AP News</font>

Mar 20
Trump downplays Iran war's impact on global energy prices

Trump downplays Iran war's impact on global energy prices

Hosting the prime minister of Japan in the Oval Office, President Trump downplayed the Iran war's impact on global energy prices. But gas prices are continuing to climb as the Defense Department asks for more funding. Weijia Jiang has the latest.

CBS NewsMar 19
'There's a lot of ways that this could escalate and get worse': Iran war rattles energy markets

'There's a lot of ways that this could escalate and get worse': Iran war rattles energy markets

Dan Marks, a research fellow in energy security at the Royal United Services Institute, breaks down the impact of Israel's attack on Iran's massive South Pars natural gas field on global energy markets – and just how both sides could escalate the crisis with further attacks on critical energy infrastructure across the region.

AFP / France 24Mar 20
China has been preparing for a global energy crisis for years. It is paying off now

China has been preparing for a global energy crisis for years. It is paying off now

<p>As other Asian economies race to conserve energy, China has huge reserves of oil and gas as well as alternative energy sources like wind and solar</p><ul><li><p><a href="https://www.theguardian.com/world/live/2026/mar/19/iran-war-live-updates-oil-prices-gas-field-strikes-pentagon-more-funds-trump-news#top-of-blog">Middle East crisis – live updates </a> </p></li></ul><p>Xi Jinping has been preparing for a crisis like this for years. China must secure its energy supply “in its own hands”, its president was <a href="https://www.peopleapp.com/column/30038161722-500003184905">reported</a> to have said during a visit to one of its vast oilfields in 2021.</p><p>The US-Israel war on Iran plunged the Middle East into a deep conflict, with the strait of Hormuz – one of the most important waterways in global trade – all but closed and key energy facilities across the region under attack.</p> <a href="https://www.theguardian.com/world/2026/mar/20/china-oil-reserves-global-energy-crisis">Cont...

The Guardian World NewsMar 20
Iran war live: Tehran warns of intensified strikes if energy sites targeted

Iran war live: Tehran warns of intensified strikes if energy sites targeted

Iran strikes Israeli oil refinery in northern city of Haifa as Tehran launches attacks on regional energy facilities.

Al JazeeraMar 20
Pentagon poised to ask Congress for up to $200 billion to fund Iran war

Pentagon poised to ask Congress for up to $200 billion to fund Iran war

Iranian strikes on oil and gas facilities across the Persian Gulf sent shockwaves through global energy markets a day after Israel struck Iran's main natural gas complex. President Trump sought to reassure Americans as gas prices surge, even as the Pentagon appears poised to ask Congress for up to $200 billion for the war effort. Special correspondent Leila Molana-Allen reports.

PBS NewsHourMar 19
Read Next
Trump faces his most difficult Iran war decision: Will he deploy U.S. troops to seize uranium?
National Security

Trump faces his most difficult Iran war decision: Will he deploy U.S. troops to seize uranium?

The president has been circumspect about how far he's willing to go to follow through on his pledge to destroy Iran's weapons program once and for all, including seizing or destroying the near-bomb-grade nuclear material that Iran possesses.

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