How Asia’s ‘Ukraine moment’ is supercharging the energy transition

How Asia’s ‘Ukraine moment’ is supercharging the energy transition

From Zero: The Climate Race by Bloomberg

June 4, 2026 · 33 min · Episode 186

About this episode

The episode discusses the impact of the US attack on Iran and its implications for energy markets and policy responses in the 2020s.

It's been more than three months since the US attacked Iran, leading to the closure of the Strait of Hormuz that carries 20% of the world's oil and gas. The shock to energy markets has been so intense that some countries are taking longer-term measures to cope. This week on Zero , Akshat Rathi and Peter Guest explore the history of policy responses to energy shocks and what’s different in the 2020s. Read Akshat's feature article here: https://www.bloomberg.com/graphics/2026-energy-transition-iran-war Zero is a production of Bloomberg Green . Our producer is Oscar Boyd. Special thanks to Sommer Saadi, Mohsis Andam, Sharon Chen and Laura Millan. Thoughts or suggestions? Email us at zeropod@bloomberg.net. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green . See omnystudio.com/listener for privacy information.

People in this episode

Hosts: Akshat Rathi, Peter Guest

Topics covered

  • energy transition
  • policy responses
  • energy markets
  • Iran conflict
  • Asia
  • 2020s

Keywords

  • energy transition
  • Iran
  • Strait of Hormuz
  • energy markets
  • policy responses
  • Asia
  • Ukraine moment

Mentioned in this episode

Organizations: Bloomberg, Bloomberg Green

Places: Iran, Strait of Hormuz

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