Trump's Iran Bombing Will Accelerate Global Electrification & Biofuels - CleanTechnica

The June 2025 U.S. bombing of Iran’s nuclear facilities by the U.S. and Israel triggered a sharp surge in global oil prices, highlighting the vulnerabilities of heavy reliance on petroleum, especially in geopolitically sensitive regions like the Persian Gulf. President Trump’s aggressive rhetoric and demands for swift peace have intensified uncertainty in energy markets, contributing to inflation fears and renewed recessionary pressures in fragile economies such as the United States. This economic strain, dubbed the "Trumpcession," is squeezing American consumers through rising gasoline prices, paradoxically increasing interest in electric vehicles (EVs) and alternative transport options despite limited federal support. In contrast, China is responding strategically by accelerating its electrification and renewable energy initiatives, aiming to reduce its critical exposure to oil import disruptions. Already a global leader in EV production, battery manufacturing, and renewable deployment, China plans to expand EV quotas, invest heavily in battery factories, and build extensive charging infrastructure to enhance energy security. Similarly, the European Union views the crisis as