--- title: "Data: Solar and wind blunt energy shock from Iran war and oil risks" type: "News" locale: "en" url: "https://longbridge.com/en/news/283186417.md" description: "Oil prices have surged past $100 a barrel for the first time since March 2026, driven by the Iran war and the closure of the Strait of Hormuz, which has removed approximately 7.5 million barrels per day of Gulf crude from the global market. Despite these challenges, the growth of solar and wind energy is helping to mitigate the impact of these energy shocks." datetime: "2026-04-17T19:29:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283186417.md) - [en](https://longbridge.com/en/news/283186417.md) - [zh-HK](https://longbridge.com/zh-HK/news/283186417.md) --- # Data: Solar and wind blunt energy shock from Iran war and oil risks Oil prices have not topped $100 a barrel since the aftermath of Russia’s full-scale invasion of Ukraine. They blew past that mark in March 2026, and they are still climbing. The Iran war and the near-total closure of the Strait of Hormuz have yanked roughly 7.5 million barrels per day of Gulf crude off global \[…\] ### Related Stocks - [OXY.US](https://longbridge.com/en/quote/OXY.US.md) - [BP.UK](https://longbridge.com/en/quote/BP.UK.md) - [603353.CN](https://longbridge.com/en/quote/603353.CN.md) - [XLE.US](https://longbridge.com/en/quote/XLE.US.md) - [FAN.US](https://longbridge.com/en/quote/FAN.US.md) - [XES.US](https://longbridge.com/en/quote/XES.US.md) - [CRAK.US](https://longbridge.com/en/quote/CRAK.US.md) - [OIH.US](https://longbridge.com/en/quote/OIH.US.md) - [159611.CN](https://longbridge.com/en/quote/159611.CN.md) - [ICLN.US](https://longbridge.com/en/quote/ICLN.US.md) - [BNO.US](https://longbridge.com/en/quote/BNO.US.md) - [VDE.US](https://longbridge.com/en/quote/VDE.US.md) - [562960.CN](https://longbridge.com/en/quote/562960.CN.md) - [IEZ.US](https://longbridge.com/en/quote/IEZ.US.md) - [UCO.US](https://longbridge.com/en/quote/UCO.US.md) - [588830.CN](https://longbridge.com/en/quote/588830.CN.md) - [IXC.US](https://longbridge.com/en/quote/IXC.US.md) - [USO.US](https://longbridge.com/en/quote/USO.US.md) - [562550.CN](https://longbridge.com/en/quote/562550.CN.md) - [IEO.US](https://longbridge.com/en/quote/IEO.US.md) - [XOP.US](https://longbridge.com/en/quote/XOP.US.md) - [TAN.US](https://longbridge.com/en/quote/TAN.US.md) - [ENFR.US](https://longbridge.com/en/quote/ENFR.US.md) ## Related News & Research - [Oil futures lose ground in early US trading](https://longbridge.com/en/news/287089289.md) - [Capital Economics sees oil at $150 per barrel through 2027 in an extreme case](https://longbridge.com/en/news/286549728.md) - [Solar set to overtake coal by 2032 amid AI power boom](https://longbridge.com/en/news/286954888.md) - [ROI-ENERGY WATCH: Alarms and clocks](https://longbridge.com/en/news/286796437.md) - [US Cash Crude-Grades ease on first full day of volatile cash roll trading period](https://longbridge.com/en/news/287128260.md)