{"id":594870,"date":"2026-04-09T04:17:08","date_gmt":"2026-04-09T04:17:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/594870\/"},"modified":"2026-04-09T04:17:08","modified_gmt":"2026-04-09T04:17:08","slug":"global-pivot-to-renewables-seen-accelerating-as-hormuz-uncertainty-upends-energy-security","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/594870\/","title":{"rendered":"Global pivot to renewables seen accelerating as Hormuz uncertainty upends energy security"},"content":{"rendered":"<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Global efforts to diversify energy sources are set to accelerate as the US-Israel conflict with Iran inflicts an unprecedented disruption on global supplies, analysts said, even as Washington and Tehran reportedly negotiate a reopening of the Strait of Hormuz.<\/p>\n<p>While the two sides have agreed to a <a target=\"_self\" class=\"e1yy41x40 ef9u0v01 css-1ankfgb ecgc78b0\" href=\"https:\/\/www.scmp.com\/news\/us\/diplomacy\/article\/3349299\/trump-agrees-suspend-bombing-iran-2-weeks?module=inline&amp;pgtype=article\" title=\"\" data-qa=\"BaseLink-renderAnchor-StyledAnchor\" rel=\"nofollow noopener\">two-week ceasefire<\/a>, they remain at odds over details of reopening the strategic waterway.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Despite the promised pause in hostilities, the conflict has already dealt a massive blow to international energy security, forcing nations to urgently reassess their reliance on volatile supply chains.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Before US President Donald Trump announced the ceasefire on Tuesday, Tehran reportedly proposed a new fee for all commercial vessels transiting the strait once it reopens \u2013 a move that could increase the cost of Middle Eastern crude and further incentivise a shift away from the region.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Following the ceasefire announcement, transit numbers did not immediately surge, according to Wednesday\u2019s data from vessel-tracking platform Myvessel.cn, which showed that six vessels had passed through as of the late afternoon.<\/p>\n<p datatype=\"p\" data-qa=\"Component-Component\" class=\"e8zc9q40 css-1c6uqr6 ec74h0k1\">Fatih Birol, head of the International Energy Agency, underscored the gravity of the situation in an interview with Le Figaro published on Tuesday, stating that the current oil and gas crisis triggered by the blockade was \u201cmore serious than the ones in 1973, 1979 and 2022 together\u201d.<\/p>\n","protected":false},"excerpt":{"rendered":"Global efforts to diversify energy sources are set to accelerate as the US-Israel conflict with Iran inflicts an&hellip;\n","protected":false},"author":2,"featured_media":594871,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[64,63,512,290362,290364,75,227250,3691,215356,5575,290363,290359,290361,12241,128,143126,258752,3601,290360],"class_list":{"0":"post-594870","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-environment","8":"tag-au","9":"tag-australia","10":"tag-china","11":"tag-drewry-maritime-services","12":"tag-energy-agency","13":"tag-environment","14":"tag-fatih-birol","15":"tag-international-energy-agency","16":"tag-international-renewable-energy-agency","17":"tag-iran","18":"tag-jayendu-krishna","19":"tag-le-figaro","20":"tag-lin-boqiang","21":"tag-middle-east","22":"tag-science","23":"tag-strait-of-hormuz","24":"tag-us-israel","25":"tag-washington","26":"tag-xiamen-university"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/594870","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=594870"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/594870\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/594871"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=594870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=594870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=594870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}