Since the closure of the Strait of Hormuz, 115 countries have adopted policies to tackle the energy impact of the Iran War.
An new report from the IEA shows the conflict is having a real effect with changes including investing in renewables, limiting energy use, adopting EVs and placing caps and tariffs on certain products.
Countries in Asia were the first to implement policy changes in March, to address the energy impacts of the war. Including Japan and South Korea, 94 countries have introduced price caps on fuel, 58 countries are limiting oil use.
Vietnam are among 30 countries that have implemented structural policies to reduce long-term fuel use, including energy efficiency programmes and renewable incentives.
Sales of electric cars and heat pumps can be an indicator of the war’s impact on fuel as sales of both have risen significantly from the first quarter of 2025 to the first quarter of 2026.
The IEA says that measures on demand are not enough to replace the amount of energy that is transported through the Strait.
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