{"id":345196,"date":"2026-03-17T04:14:03","date_gmt":"2026-03-17T09:14:03","guid":{"rendered":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/could-a-global-economy-dependent-on-renewable-energy-see-less-war-experts-explain"},"modified":"2026-03-17T04:14:07","modified_gmt":"2026-03-17T09:14:07","slug":"could-a-global-economy-dependent-on-renewable-energy-see-less-war-experts-explain","status":"publish","type":"post","link":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/could-a-global-economy-dependent-on-renewable-energy-see-less-war-experts-explain","title":{"rendered":"Might a worldwide financial system depending on renewable vitality see much less struggle? Consultants clarify"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div data-testid=\"prism-article-body\">\n<p class=\"EkqkG IGXmU nlgHS yuUao MvWXB TjIXL aGjvy ebVHC \">A widespread transition to renewable energy could mitigate a major cause of international conflict in a future that moves away from fossil fuels, energy and climate change experts told ABC News.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Oil is a leading cause of modern-day war &#8212;<!-- -->\u00a0<!-- -->with between one-quarter and one-half of interstate wars between 1973 and 2007 linked to oil, an <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/nam04.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fwww.belfercenter.org%2Fpublication%2Foil-conflict-and-us-national-interests&amp;data=05%7C02%7CSean.Keane%40abc.com%7C818e8302733a4e5ea98408de838e7719%7C56b731a8a2ac4c32bf6b616810e913c6%7C1%7C0%7C639092845143079132%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=75lv2wdmjGqsa%2F48x9AQygzMGjO6XJ0SIq2Fl%2FKZGJI%3D&amp;reserved=0\" target=\"_blank\" dir=\"ltr\">analysis<\/a>\u00a0<!-- -->published in the journal International Security said.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Nearly 75% of the world&#8217;s population lives in countries that have to import fossil fuels in order to power their societies and provide basic services to people, according to EMBER, any energy think tank, based on their calculations of <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/nam04.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fember-energy.org%2Flatest-insights%2Fthree-facts-that-show-how-solar-and-wind-strengthen-energy-security%2F&amp;data=05%7C02%7CSean.Keane%40abc.com%7C818e8302733a4e5ea98408de838e7719%7C56b731a8a2ac4c32bf6b616810e913c6%7C1%7C0%7C639092845143132763%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=Lz65Rim8wKWOBd37%2BOChsS946LjzXNGBeOAW1KIDrU8%3D&amp;reserved=0\" target=\"_blank\" dir=\"ltr\">International Energy Agency<\/a>\u00a0<!-- -->data.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Due to the global economy&#8217;s dependence on fossil fuels, international conflicts can arise from resource competition, terrorism and scarcity issues, the International Security analysis found.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">In the case of the current conflict with Iran, the critical <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/abcnews.com\/Business\/unrest-strait-hormuz-leading-rising-oil-gasoline-prices\/story?id=130723855\" target=\"_blank\" dir=\"ltr\">Strait of Hormuz<\/a> emerged as a front in the war after the initial U.S and Israeli attacks, with Iran closing off the shipping route, sending oil prices soaring.<\/p>\n<div class=\"oLzSq QrHMO fnRUo pvsTF EhJPu vPlOC zNYgW OsTsW RMeqy daRVX ISNQ sKyCY eRftA acPPc MENS nFwaT MCnQE mEeeY SmBjI xegrY rPLsU iulOd NIuqO zzscu lzDCc aHUBM IEgzD OjMNy eQqcx SVqKB GQmdz jaoD VWDdR ONJdw vrZxD OnRTz gbbfF roDbV GPGwb oMlSS gfNzt oJhud eXZcf zhVlX \">\n<div>\n<div class=\"InlineImage GpQCA lZur asrEW \" data-testid=\"prism-inline-image\">\n<figure class=\"kzIjN GNmeK pYrtp dSqFO \" data-testid=\"prism-figure\">\n<div class=\"GpQCA lZur lIngG \" data-testid=\"prism-ratio-frame\">\n<div class=\"FvQLF iLTd NqeUA UzzHi iWsMV \"><picture data-testid=\"prism-picture\"><source media=\"(max-width: 414px)\" srcset=\"https:\/\/i.abcnewsfe.com\/a\/597a0829-62ca-4f9d-b830-2f98fede1e49\/solar-panels-gty-jef-260313_1773427789223_hpEmbed_4x3.jpg?w=375, https:\/\/i.abcnewsfe.com\/a\/597a0829-62ca-4f9d-b830-2f98fede1e49\/solar-panels-gty-jef-260313_1773427789223_hpEmbed_4x3.jpg?w=750 2x\"\/><source media=\"(min-width: 415px)\" srcset=\"https:\/\/i.abcnewsfe.com\/a\/597a0829-62ca-4f9d-b830-2f98fede1e49\/solar-panels-gty-jef-260313_1773427789223_hpEmbed_4x3.jpg?w=750, https:\/\/i.abcnewsfe.com\/a\/597a0829-62ca-4f9d-b830-2f98fede1e49\/solar-panels-gty-jef-260313_1773427789223_hpEmbed_4x3.jpg?w=1500 2x\"\/><img decoding=\"async\" title=\"Daniel\" alt=\"Daniel\" class=\"hsDdd NDJZt sJeUN IJwXl vBqtr KrDt itslR SjwtZ hakZw HlUVI \" data-testid=\"prism-image\" draggable=\"false\" loading=\"lazy\" src=\"https:\/\/i.abcnewsfe.com\/a\/597a0829-62ca-4f9d-b830-2f98fede1e49\/solar-panels-gty-jef-260313_1773427789223_hpEmbed_4x3.jpg\"\/><\/picture><\/div>\n<\/div><figcaption>\n<div class=\"nMMea bNYiy Mjgpa dGwha DDmxa jgKNG RGHCC aBIU PriDW lZur \" data-testid=\"prism-caption\">\n<p><span class=\"hsDdd OOSI GpQCA lZur VlFaz \" data-testid=\"prism-truncate\"><span><span class=\"gtOSm FbbUW tUtYa vOCwz EQwFq yCufu eEak Qmvg nyTIa SRXVc vzLa jgBfc WXDas CiUCW kqbG zrdEG txGfn ygKVe BbezD UOtxr CVfpq xijV soGRS XgdC sEIlf daWqJ \">Solar panels are seen on the roof of a commercial building in West Los Angeles, on January 4, 2025.<\/span><\/span><\/span><\/p>\n<p><span class=\"gtOSm FbbUW tUtYa vOCwz EQwFq yCufu eEak Qmvg nyTIa SRXVc vzLa jgBfc WXDas CiUCW kqbG zrdEG txGfn ygKVe BbezD UOtxr CVfpq xijV soGRS XgdC sEIlf daWqJ YNujN JGtjI aZFDu rkKLh \">Daniel Slim\/AFP via Getty Images<\/span><\/p>\n<\/div>\n<\/figcaption><\/figure>\n<\/div>\n<\/div>\n<\/div>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Overall, the tensions likely stem from the fact that fossil fuels are a finite resource that much of the world relies on to function, the experts said.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">&#8220;We will run out of them, so that creates scarcity,&#8221; Drew Shula, founder and CEO of sustainability consulting firm Verdical Group and founder of the Net Zero Conference, the largest annual net zero event, told ABC News.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The war with Iran, and the disruption to energy markets caused by the shutdown of the Strait of Hormuz, should trigger nations to a swifter exit from fossil fuel dependence, Simon \u2060Stiell, executive secretary of the United Nations Framework Convention on Climate Change, told <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/www.reuters.com\/sustainability\/cop\/iran-war-an-abject-lesson-fossil-fuel-dependence-un-climate-chief-says-2026-03-16\/\" target=\"_blank\" dir=\"ltr\">Reuters<\/a> in an interview on Monday.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">&#8220;If there was ever a moment to accelerate that energy transition, \u200bbreaking dependencies which have shackled economies, this is the time,&#8221; Stiell said.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">That transition will also have to be handled with care, since the resources required for the production of renewable energy aren&#8217;t limitless and, in some cases, are sourced in unstable parts of the world, experts noted.<\/p>\n<h3 class=\"vPZug ZqdKL xcLAU bunQU uhXXI PjNjV lNbol LBPRq \">Transition to renewables could have unintended positive outcomes<\/h3>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The idea that oil presents security risks was proposed as early as 1976, when physicist Amory Lovins <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/www.foreignaffairs.com\/articles\/united-states\/1976-10-01\/energy-strategy-road-not-taken\" target=\"_blank\" dir=\"ltr\">proposed a pivotal shift<\/a> in U.S. energy policy in favor of energy efficiency.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Climate change has become a &#8220;growing flashpoint&#8221; for conflict among countries because fossil fuel resources are dwindling and some areas of the world are becoming increasingly unlivable, Kate Guy, a senior fellow at the Columbia Center of Global Energy Policy, told ABC News.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The main purpose of the green transition to renewable energy is to decarbonize economies and drastically reduce the use of fossil fuels that are driving global warming. <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/www.un.org\/en\/climatechange\/science\/causes-effects-climate-change#:~:text=Fossil%20fuels%20%E2%80%93%20coal%2C%20oil%20and%20gas,per%20cent%20of%20all%20carbon%20dioxide%20emissions.\" target=\"_blank\" dir=\"ltr\">Fossil fuels are responsible for<\/a> up to 68% of greenhouse gas emissions and 90% of carbon dioxide emissions, the United Nations notes.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">An unexpected benefit of a greener economy could also be greater peace, as the transition to renewables may mean less opportunity for conflict to emerge between countries over dwindling fossil fuel resources, Erin Sikorsky, director at the Center for Climate <!-- -->&amp;<!-- --> Security at The Council on Strategic Risks, a nonprofit research institute, told ABC News.<\/p>\n<div class=\"oLzSq QrHMO fnRUo pvsTF EhJPu vPlOC zNYgW OsTsW RMeqy daRVX ISNQ sKyCY eRftA acPPc MENS nFwaT MCnQE mEeeY SmBjI xegrY rPLsU iulOd NIuqO zzscu lzDCc aHUBM IEgzD OjMNy eQqcx SVqKB GQmdz jaoD VWDdR ONJdw vrZxD OnRTz gbbfF roDbV GPGwb oMlSS gfNzt oJhud eXZcf zhVlX \">\n<div>\n<div class=\"InlineImage GpQCA lZur asrEW \" data-testid=\"prism-inline-image\">\n<figure class=\"kzIjN GNmeK pYrtp dSqFO \" data-testid=\"prism-figure\">\n<div class=\"GpQCA lZur lIngG \" data-testid=\"prism-ratio-frame\">\n<div class=\"FvQLF iLTd NqeUA UzzHi iWsMV \"><picture data-testid=\"prism-picture\"><source media=\"(max-width: 414px)\" srcset=\"https:\/\/i.abcnewsfe.com\/a\/26c3b8f8-9c93-4de3-a202-1b1fd90f3240\/iran-4-rt-gmh-260311_1773233315589_hpMain_4x3.jpg?w=375, https:\/\/i.abcnewsfe.com\/a\/26c3b8f8-9c93-4de3-a202-1b1fd90f3240\/iran-4-rt-gmh-260311_1773233315589_hpMain_4x3.jpg?w=750 2x\"\/><source media=\"(min-width: 415px)\" srcset=\"https:\/\/i.abcnewsfe.com\/a\/26c3b8f8-9c93-4de3-a202-1b1fd90f3240\/iran-4-rt-gmh-260311_1773233315589_hpMain_4x3.jpg?w=750, https:\/\/i.abcnewsfe.com\/a\/26c3b8f8-9c93-4de3-a202-1b1fd90f3240\/iran-4-rt-gmh-260311_1773233315589_hpMain_4x3.jpg?w=1500 2x\"\/><img decoding=\"async\" title=\"driver\" alt=\"driver\" class=\"hsDdd NDJZt sJeUN IJwXl vBqtr KrDt itslR SjwtZ hakZw HlUVI \" data-testid=\"prism-image\" draggable=\"false\" loading=\"lazy\" src=\"https:\/\/i.abcnewsfe.com\/a\/26c3b8f8-9c93-4de3-a202-1b1fd90f3240\/iran-4-rt-gmh-260311_1773233315589_hpMain_4x3.jpg\"\/><\/picture><\/div>\n<\/div><figcaption>\n<div class=\"nMMea bNYiy Mjgpa dGwha DDmxa jgKNG RGHCC aBIU PriDW lZur \" data-testid=\"prism-caption\">\n<p><span class=\"hsDdd OOSI GpQCA lZur VlFaz \" data-testid=\"prism-truncate\"><span><span class=\"gtOSm FbbUW tUtYa vOCwz EQwFq yCufu eEak Qmvg nyTIa SRXVc vzLa jgBfc WXDas CiUCW kqbG zrdEG txGfn ygKVe BbezD UOtxr CVfpq xijV soGRS XgdC sEIlf daWqJ \">Smoke rises from the Thai bulk carrier &#8216;Mayuree Naree&#8217; near the Strait of Hormuz after an attack, March 11, 2026.<\/span><\/span><\/span><\/p>\n<p><span class=\"gtOSm FbbUW tUtYa vOCwz EQwFq yCufu eEak Qmvg nyTIa SRXVc vzLa jgBfc WXDas CiUCW kqbG zrdEG txGfn ygKVe BbezD UOtxr CVfpq xijV soGRS XgdC sEIlf daWqJ YNujN JGtjI aZFDu rkKLh \">Royal Thai Navy\/Reuters<\/span><\/p>\n<\/div>\n<\/figcaption><\/figure>\n<\/div>\n<\/div>\n<\/div>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Solar is the most abundant renewable energy and can even be produced in cloudy weather, according to the <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/www.un.org\/en\/climatechange\/what-is-renewable-energy\" target=\"_blank\" dir=\"ltr\">United Nations<\/a>. It is followed by wind, geothermal and hydropower as the largest sources of green energy.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">But none of these energy sources have ever sparked a major international conflict, Sikorsky said.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">In the past, there was an argument to be made that conflict was the &#8220;price we pay&#8221; for obtaining the energy needed to power society, Stephen Porder, a professor of Ecology, Evolutionary and Organismal Biology and Environment and Society at Brown University, told ABC News. The technological leaps of recent decades mean that is no longer the case, he noted.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">&#8220;In one single container ship full of solar panels, you can ship as much energy as with 100 container ships of coal,&#8221; he said.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Global renewable power capacity reached record growth in 2024, with a 15.1 rate of growth that year, <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/nam04.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fwww.irena.org%2FNews%2Fpressreleases%2F2025%2FMar%2FRecord-Breaking-Annual-Growth-in-Renewable-Power-Capacity&amp;data=05%7C02%7CSean.Keane%40abc.com%7Ca1448dd2d6a748fa691208de839b3056%7C56b731a8a2ac4c32bf6b616810e913c6%7C1%7C0%7C639092899715718173%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=TToeSJIlOswTyqlKCFSDw8kVH4P88hyaOmUDEt%2FLW90%3D&amp;reserved=0\" target=\"_blank\" dir=\"ltr\">according to the<!-- -->\u00a0<!-- --> International Renewable Energy Agency<\/a>. But the global switch to renewables is not happening fast enough, <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/nam04.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fapnews.com%2Farticle%2Fclimate-change-solar-wind-power-fossil-fuels-6aca4846e594ea8405f91edda39a03ad&amp;data=05%7C02%7CSean.Keane%40abc.com%7Ca1448dd2d6a748fa691208de839b3056%7C56b731a8a2ac4c32bf6b616810e913c6%7C1%7C0%7C639092899715775124%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=A6fZlkPZ4cCKpAvnJgfNg4dBOPOOSb2bLQ%2ByItWRA%2FU%3D&amp;reserved=0\" target=\"_blank\" dir=\"ltr\">U.N. officials announced<\/a>\u00a0<!-- -->last year. A fully green economy is widely considered to be years away due to infrastructure, funding and political gaps, according to the <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/nam04.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fwww.weforum.org%2Fstories%2F2026%2F01%2Fpower-infrastructure-grid-energy-security%2F%23%3A~%3Atext%3DThe%2520IEA%2520also%2520estimates%2520that%2Ccaused%2520by%2520importing%2520fossil%2520fuels.&amp;data=05%7C02%7CSean.Keane%40abc.com%7Ca1448dd2d6a748fa691208de839b3056%7C56b731a8a2ac4c32bf6b616810e913c6%7C1%7C0%7C639092899715826287%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=zYFjID8obCKEJ4GGxuSE7SLV6QepDLcoJOOPz0YhPog%3D&amp;reserved=0\" target=\"_blank\" dir=\"ltr\">World Economic Forum<\/a>.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Most countries are currently off track to meet their 2050 net-zero goals &#8212; the targets to balance greenhouse gas emissions produced with those removed from the atmosphere &#8212; according to the <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/nam04.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fwww.wri.org%2Finsights%2Fnet-zero-ghg-emissions-questions-answered%23%3A~%3Atext%3D3.%2Cthe%2520end%2520of%2520the%2520century.&amp;data=05%7C02%7CSean.Keane%40abc.com%7Ca1448dd2d6a748fa691208de839b3056%7C56b731a8a2ac4c32bf6b616810e913c6%7C1%7C0%7C639092899715877483%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=q5iF5BDmq8LgjXQoCIeN4JfZmWkKibZS%2FYAy2WBcJU0%3D&amp;reserved=0\" target=\"_blank\" dir=\"ltr\">World Resources Institute<\/a>.<!-- -->\u00a0<\/p>\n<h3 class=\"vPZug ZqdKL xcLAU bunQU uhXXI PjNjV lNbol LBPRq \">Recent conflict could point to oil as a driver<\/h3>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The Trump administration has <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/abcnews.com\/International\/us-military-seizes-3rd-ship-indian-ocean-linked\/story?id=130442925\" target=\"_blank\" dir=\"ltr\">seized several Venezuelan oil tankers<\/a> this year &#8212; even removing <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/abcnews.com\/International\/nicolas-maduro-ousted-venezuelan-president\/story?id=128913024\" target=\"_blank\" dir=\"ltr\">President Nicolas Maduro<\/a> from office and detaining him in the U.S. Since then, Trump has touted plans for U.S. companies to <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/abcnews.com\/Business\/venezuelan-oil-bring-us-gas-prices-experts-weigh\/story?id=128983406\" target=\"_blank\" dir=\"ltr\">extract and sell oil from Venezuela<\/a>, which holds the largest oil reserves in the world.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">While the Trump administration has stated the current conflict with Iran is about <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/abcnews.com\/Politics\/excursion-war-trump-analysis\/story?id=131003550\" target=\"_blank\" dir=\"ltr\">eliminating the country&#8217;s nuclear weapons<\/a>, the president has not ruled out seizing Iran&#8217;s oil supplies.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">&#8220;You look at Venezuela &#8212; people have thought about it, but it\u2019s too soon to talk about that,&#8221; Trump told <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/www.nbcnews.com\/politics\/donald-trump\/trump-seizing-iran-oil-rcna262437\" target=\"_blank\" dir=\"ltr\">NBC News<\/a> on March 9.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Although the U.S. and Israel likely did not initiate<!-- -->\u00a0<!-- -->the conflict with Iran over oil, Iran&#8217;s ample supplies have allowed them to fight back, according to The Council on Strategic Risks&#8217; Sikorsky.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">&#8220;Certainly, it is oil that has given Iran leverage then to push back right and has allowed them to have a stronger position in in the conflict,&#8221; Sikorsky said.<\/p>\n<h3 class=\"vPZug ZqdKL xcLAU bunQU uhXXI PjNjV lNbol LBPRq \">How nations have weaponized oil in the past<\/h3>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Historically, weaponization of oil has had major implications on global events.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The U.S., Britain and Dutch East Indies<!-- -->\u00a0<a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/nam04.safelinks.protection.outlook.com\/?url=https%3A%2F%2Fwww.history.com%2Fthis-day-in-history%2Fjuly-26%2Funited-states-freezes-japanese-assets&amp;data=05%7C02%7CSean.Keane%40abc.com%7C818e8302733a4e5ea98408de838e7719%7C56b731a8a2ac4c32bf6b616810e913c6%7C1%7C0%7C639092845149417334%7CUnknown%7CTWFpbGZsb3d8eyJFbXB0eU1hcGkiOnRydWUsIlYiOiIwLjAuMDAwMCIsIlAiOiJXaW4zMiIsIkFOIjoiTWFpbCIsIldUIjoyfQ%3D%3D%7C0%7C%7C%7C&amp;sdata=Pjee%2F%2B9qiIrKI98DIjqlB5y8MVc%2BJr9ST5w6pJKaSU8%3D&amp;reserved=0\" target=\"_blank\" dir=\"ltr\">embargo<\/a>\u00a0<!-- -->on Japan&#8217;s oil supply in July 1941 &#8212; which impacted 88% of its imported oil &#8211;preceded the attack on Pearl Harbor on Dec. 7, 1941.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The October 1973 Arab-Israeli War led to a <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/www.ineteconomics.org\/perspectives\/blog\/oil-and-the-energy-crisis-of-the-1970s-a-reanalysis\" target=\"_blank\" dir=\"ltr\">massive oil crisis in the 1970s<\/a>, in which the price skyrocketed, causing then-President Richard Nixon to take emergency measures to limit consumption.<\/p>\n<div class=\"oLzSq QrHMO fnRUo pvsTF EhJPu vPlOC zNYgW OsTsW RMeqy daRVX ISNQ sKyCY eRftA acPPc MENS nFwaT MCnQE mEeeY SmBjI xegrY rPLsU iulOd NIuqO zzscu lzDCc aHUBM IEgzD OjMNy eQqcx SVqKB GQmdz jaoD VWDdR ONJdw vrZxD OnRTz gbbfF roDbV GPGwb oMlSS gfNzt oJhud eXZcf zhVlX \">\n<div>\n<div class=\"InlineImage GpQCA lZur asrEW \" data-testid=\"prism-inline-image\">\n<figure class=\"kzIjN GNmeK pYrtp dSqFO \" data-testid=\"prism-figure\">\n<div class=\"GpQCA lZur lIngG \" data-testid=\"prism-ratio-frame\">\n<div class=\"FvQLF iLTd NqeUA UzzHi iWsMV \"><picture data-testid=\"prism-picture\"><source media=\"(max-width: 414px)\" srcset=\"https:\/\/i.abcnewsfe.com\/a\/2092d69c-91f5-4fa6-88bb-4dea301add93\/kuwait-gty-jef-260313_1773427789143_hpEmbed_4x3.jpg?w=375, https:\/\/i.abcnewsfe.com\/a\/2092d69c-91f5-4fa6-88bb-4dea301add93\/kuwait-gty-jef-260313_1773427789143_hpEmbed_4x3.jpg?w=750 2x\"\/><source media=\"(min-width: 415px)\" srcset=\"https:\/\/i.abcnewsfe.com\/a\/2092d69c-91f5-4fa6-88bb-4dea301add93\/kuwait-gty-jef-260313_1773427789143_hpEmbed_4x3.jpg?w=750, https:\/\/i.abcnewsfe.com\/a\/2092d69c-91f5-4fa6-88bb-4dea301add93\/kuwait-gty-jef-260313_1773427789143_hpEmbed_4x3.jpg?w=1500 2x\"\/><img decoding=\"async\" title=\"Dutch East Indies\" alt=\"Dutch East Indies\" class=\"hsDdd NDJZt sJeUN IJwXl vBqtr KrDt itslR SjwtZ hakZw HlUVI \" data-testid=\"prism-image\" draggable=\"false\" loading=\"lazy\" src=\"https:\/\/i.abcnewsfe.com\/a\/2092d69c-91f5-4fa6-88bb-4dea301add93\/kuwait-gty-jef-260313_1773427789143_hpEmbed_4x3.jpg\"\/><\/picture><\/div>\n<\/div><figcaption>\n<div class=\"nMMea bNYiy Mjgpa dGwha DDmxa jgKNG RGHCC aBIU PriDW lZur \" data-testid=\"prism-caption\">\n<p><span class=\"hsDdd OOSI GpQCA lZur VlFaz \" data-testid=\"prism-truncate\"><span><span class=\"gtOSm FbbUW tUtYa vOCwz EQwFq yCufu eEak Qmvg nyTIa SRXVc vzLa jgBfc WXDas CiUCW kqbG zrdEG txGfn ygKVe BbezD UOtxr CVfpq xijV soGRS XgdC sEIlf daWqJ \">Bombing of Sea Island Terminal, Jan. 28, 1991, in Kuwait.<\/span><\/span><\/span><\/p>\n<p><span class=\"gtOSm FbbUW tUtYa vOCwz EQwFq yCufu eEak Qmvg nyTIa SRXVc vzLa jgBfc WXDas CiUCW kqbG zrdEG txGfn ygKVe BbezD UOtxr CVfpq xijV soGRS XgdC sEIlf daWqJ YNujN JGtjI aZFDu rkKLh \">Gilles Bassignac\/Gamma-Rapho via Getty Images<\/span><\/p>\n<\/div>\n<\/figcaption><\/figure>\n<\/div>\n<\/div>\n<\/div>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">In 1990, Iraqi President Saddam Hussein invaded Kuwait, seeking to control its oil, sparking the <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/history.state.gov\/milestones\/1989-1992\/gulf-war\" target=\"_blank\" dir=\"ltr\">Gulf War<\/a>.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Russia also used oil to its advantage during its war with Ukraine, <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/www.gtreview.com\/news\/global\/russian-oil-heads-to-asian-markets-as-us-issues-sanctions-waiver\/#:~:text=Energy%20market%20intelligence%20company%20Kpler,G7%20sanctions%20remain%20in%20place.\" target=\"_blank\" dir=\"ltr\">pivoting exports to Asia<\/a> to fund the military amid European sanctions.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">In the current conflict with Iran, <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/abcnews.com\/Politics\/energy-secretary-wright-war-iran-end-weeks\/story?id=131082819\" target=\"_blank\" dir=\"ltr\">crude oil prices have skyrocketed<\/a> because Iran has closed the Strait of Hormuz, a critical passageway connecting the Persian Gulf and the Gulf of Oman through which around 20% of the world&#8217;s oil supply passes through. This is one example of the many &#8220;choke points&#8221; within the fossil fuel-powered economy, according to Columbia Center of Global Energy Policy&#8217;s Guy.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Sikorsky, from the Council on Strategic Risks, highlighted the danger this represents.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">&#8220;Fossil fuels give authoritarian governments leverage,&#8221; she said.<\/p>\n<h3 class=\"vPZug ZqdKL xcLAU bunQU uhXXI PjNjV lNbol LBPRq \">Renewable energy presents its own tensions<\/h3>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The green transition does not come without its own tensions &#8212; especially as the changeover to renewable energy continues to happen swiftly, according to experts.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">The critical minerals and metals needed for some of the technology that allows for the production of renewable energy &#8212; such as lithium ion batteries &#8212; are also finite and could potentially cause local tensions in places like the Democratic Republic of the Congo and China, Geoff Dabelko, professor of environmental studies at Ohio University&#8217;s Voinovich School of Leadership and Public Service, told ABC News.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Given the <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/abcnews.com\/Business\/us-china-deal-means-rare-earths-soybean-farmers\/story?id=127028309\" target=\"_blank\" dir=\"ltr\">mercurial relations<\/a> between the U.S. and China as the world&#8217;s two largest superpowers, Columbia Center of Global Energy Policy fellow Guy noted that the local tensions could spill onto the international stage.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">&#8220;Much of that know-how and innovation is within Chinese hands now,&#8221; she said. &#8220;So, certainly, people have pointed to that as a potential security risk in the great power competition.&#8221;<\/p>\n<div class=\"oLzSq QrHMO fnRUo pvsTF EhJPu vPlOC zNYgW OsTsW RMeqy daRVX ISNQ sKyCY eRftA acPPc MENS nFwaT MCnQE mEeeY SmBjI xegrY rPLsU iulOd NIuqO zzscu lzDCc aHUBM IEgzD OjMNy eQqcx SVqKB GQmdz jaoD VWDdR ONJdw vrZxD OnRTz gbbfF roDbV GPGwb oMlSS gfNzt oJhud eXZcf zhVlX \">\n<div>\n<div class=\"InlineImage GpQCA lZur asrEW \" data-testid=\"prism-inline-image\">\n<figure class=\"kzIjN GNmeK pYrtp dSqFO \" data-testid=\"prism-figure\">\n<div class=\"GpQCA lZur \" style=\"padding-bottom:69.86882716049382%\" data-testid=\"prism-ratio-frame\">\n<div class=\"FvQLF iLTd NqeUA UzzHi iWsMV \"><picture data-testid=\"prism-picture\"><source media=\"(max-width: 414px)\" srcset=\"https:\/\/i.abcnewsfe.com\/a\/ec9a2cae-8e6c-4f38-a253-549bbc331f45\/wind-turbine-gty-jef-260313_1773427793504_hpMain.jpg?w=375, https:\/\/i.abcnewsfe.com\/a\/ec9a2cae-8e6c-4f38-a253-549bbc331f45\/wind-turbine-gty-jef-260313_1773427793504_hpMain.jpg?w=750 2x\"\/><source media=\"(min-width: 415px)\" srcset=\"https:\/\/i.abcnewsfe.com\/a\/ec9a2cae-8e6c-4f38-a253-549bbc331f45\/wind-turbine-gty-jef-260313_1773427793504_hpMain.jpg?w=750, https:\/\/i.abcnewsfe.com\/a\/ec9a2cae-8e6c-4f38-a253-549bbc331f45\/wind-turbine-gty-jef-260313_1773427793504_hpMain.jpg?w=1500 2x\"\/><img decoding=\"async\" title=\"Geoff Dabelko\" alt=\"Geoff Dabelko\" class=\"hsDdd NDJZt sJeUN IJwXl vBqtr KrDt itslR SjwtZ hakZw HlUVI \" data-testid=\"prism-image\" draggable=\"false\" loading=\"lazy\" src=\"https:\/\/i.abcnewsfe.com\/a\/ec9a2cae-8e6c-4f38-a253-549bbc331f45\/wind-turbine-gty-jef-260313_1773427793504_hpMain.jpg\"\/><\/picture><\/div>\n<\/div><figcaption>\n<div class=\"nMMea bNYiy Mjgpa dGwha DDmxa jgKNG RGHCC aBIU PriDW lZur \" data-testid=\"prism-caption\">\n<p><span class=\"hsDdd OOSI GpQCA lZur VlFaz \" data-testid=\"prism-truncate\"><span><span class=\"gtOSm FbbUW tUtYa vOCwz EQwFq yCufu eEak Qmvg nyTIa SRXVc vzLa jgBfc WXDas CiUCW kqbG zrdEG txGfn ygKVe BbezD UOtxr CVfpq xijV soGRS XgdC sEIlf daWqJ \">An aerial view of wind turbines at the Altamont Pass wind farm on January 13, 2026 in Livermore, California.<\/span><\/span><\/span><\/p>\n<p><span class=\"gtOSm FbbUW tUtYa vOCwz EQwFq yCufu eEak Qmvg nyTIa SRXVc vzLa jgBfc WXDas CiUCW kqbG zrdEG txGfn ygKVe BbezD UOtxr CVfpq xijV soGRS XgdC sEIlf daWqJ YNujN JGtjI aZFDu rkKLh \">Justin Sullivan\/Getty Images<\/span><\/p>\n<\/div>\n<\/figcaption><\/figure>\n<\/div>\n<\/div>\n<\/div>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">In addition, <a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/www.iea.org\/reports\/solar-pv-global-supply-chains\/executive-summary\" target=\"_blank\" dir=\"ltr\">80% of the world&#8217;s solar panels<\/a> are manufactured in China and production has been tied to allegations of forced labor and coal power, Morgan Bazilian, professor of public policy and director of the Colorado School of Mines&#8217; Payne Institute, told ABC News.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">Climate change is now widely considered a &#8220;<a class=\"zZygg UbGlr iFzkS qdXbA WCDhQ DbOXS tqUtK GpWVU iJYzE \" data-testid=\"prism-linkbase\" href=\"https:\/\/www.un.org\/peacebuilding\/fr\/news\/climate-change-recognized-%E2%80%98threat-multiplier%E2%80%99-un-security-council-debates-its-impact-peace\" target=\"_blank\" dir=\"ltr\">threat multiplier<\/a>,&#8221; with resource scarcity among the key mechanisms of conflict. Until the world no longer relies so heavily on fossil fuels, conflicts stemming from the control of oil will continue, the experts said.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC TjIXL aGjvy \">However, decarbonization is not the priority for most governments or the people in conflict zones today, Bazilian noted.<\/p>\n<p class=\"EkqkG IGXmU nlgHS yuUao lqtkC eTIW sUzSN \">&#8220;These wars are not about climate change and not about energy,&#8221; he said. &#8220;The main concern is human life, dignity, survival.&#8221;<\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/abcnews.com\/Technology\/global-economy-dependent-renewable-energy-war-experts-explain\/story?id=130969198\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A widespread transition to renewable energy could mitigate a major cause of international conflict in a future that moves away from fossil fuels, energy and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":345199,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[2933,536,22754,22756,111,22757,8555,6859,9035,22755,4914],"class_list":["post-345196","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-daniel","tag-driver","tag-dutch-east-indies","tag-geoff-dabelko","tag-justin","tag-massive-oil-crisis","tag-nbc-news","tag-oil-reserves","tag-persian-gulf","tag-professor-of-public-coverage-and-director","tag-trump-administration"],"_links":{"self":[{"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/posts\/345196","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/comments?post=345196"}],"version-history":[{"count":2,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/posts\/345196\/revisions"}],"predecessor-version":[{"id":345198,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/posts\/345196\/revisions\/345198"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/media\/345199"}],"wp:attachment":[{"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/media?parent=345196"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/categories?post=345196"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.etrafficlane.com\/60dollarmiracle\/wp-json\/wp\/v2\/tags?post=345196"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}