--- title: "The Iran war is destroying oil demand. Could it also spark a shift to clean energy?" type: "News" locale: "en" url: "https://longbridge.com/en/news/287035493.md" description: "The Iran war has led to a significant rise in U.S. gasoline prices, now averaging over $4.50 a gallon, a 40% increase since late February. This has resulted in reduced car usage as Americans opt for public transportation. The situation is described as the largest oil supply disruption in history, costing U.S. drivers $45 billion." datetime: "2026-05-20T09:03:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/287035493.md) - [en](https://longbridge.com/en/news/287035493.md) - [zh-HK](https://longbridge.com/zh-HK/news/287035493.md) --- # The Iran war is destroying oil demand. Could it also spark a shift to clean energy? With the average price of gasoline in the United States above $4.50 a gallon — about a 40 percent rise since the Iran war began in late February — Americans have been climbing into their cars less often, and stepping into trains and buses instead. It’s been declared the largest oil supply disruption in history, with U.S. drivers paying $45 billion ... ### Related Stocks - [VDE.US](https://longbridge.com/en/quote/VDE.US.md) - [OIH.US](https://longbridge.com/en/quote/OIH.US.md) - [XOP.US](https://longbridge.com/en/quote/XOP.US.md) - [588830.CN](https://longbridge.com/en/quote/588830.CN.md) - [USO.US](https://longbridge.com/en/quote/USO.US.md) - [561360.CN](https://longbridge.com/en/quote/561360.CN.md) - [XLE.US](https://longbridge.com/en/quote/XLE.US.md) - [BNO.US](https://longbridge.com/en/quote/BNO.US.md) - [IEO.US](https://longbridge.com/en/quote/IEO.US.md) - [XES.US](https://longbridge.com/en/quote/XES.US.md) - [159309.CN](https://longbridge.com/en/quote/159309.CN.md) - [PBW.US](https://longbridge.com/en/quote/PBW.US.md) - [CRAK.US](https://longbridge.com/en/quote/CRAK.US.md) - [GRID.US](https://longbridge.com/en/quote/GRID.US.md) - [159731.CN](https://longbridge.com/en/quote/159731.CN.md) - [515030.CN](https://longbridge.com/en/quote/515030.CN.md) - [516380.CN](https://longbridge.com/en/quote/516380.CN.md) - [QCLN.US](https://longbridge.com/en/quote/QCLN.US.md) - [UCO.US](https://longbridge.com/en/quote/UCO.US.md) - [IXC.US](https://longbridge.com/en/quote/IXC.US.md) - [CARZ.US](https://longbridge.com/en/quote/CARZ.US.md) - [562550.CN](https://longbridge.com/en/quote/562550.CN.md) - [561760.CN](https://longbridge.com/en/quote/561760.CN.md) - [ICLN.US](https://longbridge.com/en/quote/ICLN.US.md) - [PXJ.US](https://longbridge.com/en/quote/PXJ.US.md) ## Related News & Research - [Record oil draw from US emergency reserve drives total volumes to two-year low](https://longbridge.com/en/news/286821970.md) - [Citi bull case Brent hitting $150 near term as oil markets under-price disruption risk](https://longbridge.com/en/news/286992430.md) - [Federal probes eye $1.7B oil trade before Iran war news](https://longbridge.com/en/news/286150222.md) - [IEA chief Birol: commercial oil inventories depleting rapidly, only weeks left](https://longbridge.com/en/news/286746172.md) - [ROI-ENERGY WATCH: Alarms and clocks](https://longbridge.com/en/news/286796437.md)