Middle East energy shock prompts industry call for renewables acceleration
Mar 17, 2026
Trade body the Global Renewables Alliance (GRA) has called on policymakers to implement measures to fast-track the deployment of solar and other renewables amidst the Middle East crisis. Iran’s closure of the Strait of Hormuz last week sparked a sharp rise in oil and gas prices, threatening a global economic slowdown. The trade body highlighted parallels with previous energy crises, s...