Analysts: The US-Israel-Iran conflict will become a key turning point for the global energy transition

Golden Ten Data reported on March 26 that the ongoing US-Israel-Iran conflict continues to severely impact the global energy market, while simultaneously highlighting the increasing importance of energy transition amid this crisis. Recently, some analysts noted that the effects of this conflict are expected to become a pivotal turning point in the process of energy transition. According to the analysis, the impact of the US-Israel-Iran conflict may accelerate countries’ efforts to move away from fossil fuels and prompt them to reconsider the role that renewable energy can play in strengthening energy security. Before the outbreak of the US-Israel-Iran conflict, the energy transition was already “progressing very robustly," but the energy crisis triggered by the conflict means that countries may increase their investment in clean energy.