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Renewables Rise as Iran Conflict Disrupts Energy Markets

3/11/2026

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Story summary
  • The conflict in Iran has disrupted oil and gas trade, raising energy prices.
  • Experts say higher renewable shares reduce vulnerability to geopolitical shocks worldwide.
  • Uruguay generates over 90% of its electricity from renewables and stabilizes prices.
  • In Iraq, the government is accelerating solar development to curb fuel reliance as gas supplies from Iran decline.
  • The shift toward renewables is viewed as essential to energy security amid Middle East tensions.