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How Oil Fuels Conflict and War—and Who Profits

Inside Climate News · May 2, 2026, 8:50 AM

Key takeaways

  • The U.S.-Israel joint war against Iran has shaken global energy markets, closed the Strait of Hormuz and restricted the flow of oil and natural gas worldwide.
  • It s the latest conflict over Iranian oil, but the growing emergence of fossil-free energy sources is prompting visions of ending our decades of dependence on oil, with its pollution and inevitable wars.
  • Michael Klare is an emeritus professor of peace and security studies at Hampshire College and the defense correspondent for The Nation magazine.

Why this matters: environmental and climate reporting with long-term consequences.

Republish. An oil tanker navigates the Strait of Hormuz on April 28. Credit: Asghar Besharati/Getty Images Related As Energy, War and Climate Collide, a Conference in Colombia Charts a Path Beyond Fossil Fuels A Protracted US–Iran War Could Strain Climate Finance From Wealthy Countries to Developing Nations Rising Gas Prices Make the Market Ripe for Electric Vehicles, but US Automakers Can’t Seize the Moment Share This Article Republish Most Popular Nearly One-Fifth of Americans Are Consuming Water With High Levels of Nitrates The Next El Niño Could Lock Earth Into a Hotter Climate A Bill to Gut Endangered Species Protections Faced a Major Setback This Week From our collaborating partner “Living on Earth,” public radio s environmental news magazine, an interview by host Steve Curwood with Michael Klare, an emeritus professor of peace and security studies at Hampshire College.

The U.S.-Israel joint war against Iran has shaken global energy markets, closed the Strait of Hormuz and restricted the flow of oil and natural gas worldwide.

It s the latest conflict over Iranian oil, but the growing emergence of fossil-free energy sources is prompting visions of ending our decades of dependence on oil, with its pollution and inevitable wars.

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