🗞️ The Energy Wars: Could the Iran Conflict Reshape Global Power? #infopod #warnews #oil
Welcome to the Politica UK InfoPod. As the Iran war continues to push oil prices higher, another question is beginning to surface among analysts and policymakers. Could this conflict reshape the global balance of power through energy? Because throughout modern history, major wars have often transformed the global energy system. The First World War accelerated the shift from coal to oil as militaries realised the strategic advantages of oil-powered ships and vehicles. The Second World War reinforced oil’s dominance, particularly through the enormous industrial power of the United States. And the oil crises of the 1970s demonstrated how energy supply could become a geopolitical weapon. Today, the Iran war risks triggering another energy turning point. At the centre of the issue is geography. Much of the world’s easily accessible oil still comes from the Middle East, and a large portion of that oil moves through a narrow waterway: the Strait of Hormuz. Any conflict that threatens tha...