Iran War Set to Drive A Drop in Global Fossil Fuel Emissions in 2026

4% in 2026 from a year earlier, due to the oil shock from the Iran war and increased solar and wind power generation, new research by the Global Carbon Project showed on Tuesday. 4% from last year, amid a slump in emissions from oil as a result of the Hormuz trade and energy price shock, the scientists behind the project said.

9% – likely a short-term response to the energy shock triggered by the Iran conflict,” the scientists wrote in the research. 6% from last year, as the Hormuz crisis is curbing LNG trade amid soaring prices, which many countries, especially in Asia, are compensating for with higher coal-fired power generation.