Global EV uptake expected to accelerate as Iran war causes worldwide petrol price hikes

Turbulence in the global oil market caused by the war in Iran revealed a quiet shift that could reshape global energy security: the rapid rise of electric vehicles. Global uptake of electric vehicle fleets has led to avoided oil consumption rising to the equivalent of 70 per cent of Iran’s exports in 2025, according to a new report. Last year, EVs worldwide saved 1.7 million barrels of oil consumption per day. During the same timeframe, Iran exported 2.4 million barrels of oil through the Strait...


play_arrow All China News
8 h.
Economics
ID: 7640774943191169805


Similar News expand_more


6 h. Global EV uptake expected to accelerate as Iran war causes petrol price hikes
Economics
9 d. Watch Oil Surge Spooks Markets as Iran War Escalates | The China Show 3/9/2026
Economics
6 h. Pakistan’s fuel smugglers squeezed by rising costs as Iran war hits supply
Economics
6 d. From AirAsia to Qantas, airlines raise fares as Iran war fuels oil price surge
Travel
6 d. WEEK IN REVIEW: China Increased Oil Imports in January and February Amid Middle East Tensions
Economics
2 w. China factor, global escalation risk: Experts weigh in on implications of Iran
Politics
9 d. China's Domestic Refined Oil Prices Set to Rise, Marking Largest Increase of the Year
Economics
2 w. Oil and Stock Market Moves Could Come Down to China’s Reaction to Iran War
Economics
2 w. Not just oil: Iran war disrupts China’s imports of key industrial material
Economics
7 d. Iran warns world of US$200 oil as countries reach for emergency reserves
Economics
49 h. Trump prioritises Iran war over China, to delay Beijing trip as Hormuz blockade skyrockets oil price
Economics
2 w. Iran war could ‘significantly disrupt’ China’s methanol imports: analysts
Economics
6 d. China stockpiles oil as Iran ships millions of barrels through Hormuz amid global price spike
Economics
2 w. Middle East turmoil constrains China, a crucial backer of Iran and major buyer of its oil
Economics
5 d. Malaysia’s fuel subsidy bill to rise more than fourfold as Iran war drags on
Economics
1 h. Iran threatens Gulf energy targets after Pars gas field struck, sending oil prices higher
Economics
9 d. Surcharges considered as Hong Kong fuel prices set to rise amid Iran war
Economics
9 d. China makes biggest retail fuel price cap increase in four years amid Iran war
Economics
32 h. Oil price spike threatens to break Indonesia’s budget as 144 million hit the road for Eid
Economics
1 w. Toyota, Hyundai and Chinese automakers expected to be most impacted by Iran war
Automotive
1 w. A guide to how the Iran war has ricocheted across the Middle East and beyond
Politics
1 M. As US toughens stance, how exposed is China to Iranian and Venezuelan oil?
Economics
34 h. China doubles down on hydrogen as war on Iran fuels global oil instability
Economics
8 d. Opinion | The Country That Buys 90% Of Iran's Oil Is Still Not Panicking. Here's Why
Economics
5 d. Jump in illegal refuelling complaints as Hong Kong grapples with rising oil prices
Economics
1 w. China’s BYD looks to make EV charging as fast as filling up with petrol
Economics
64 h. Holiday spending, export demand drive China’s early year economic momentum as Iran war headwinds loom
Economics
3 w. Feature: "Caspian" Spring Festival for Chinese oil explorers supporting Azerbaijan's energy exploration
Economics
2 h. Trump allows foreign ships between domestic ports to stabilise petrol costs amid Iran war
Economics
35 h. Trump postponing his China trip shows the extent of Iran's leverage over oil prices: Expert
Economics
64 h. Holiday spending, export demand drive China’s economic momentum as Iran war headwinds loom
Economics
4 d. Iran May Allow Oil Tankers Through Strait Of Hormuz, But There's A China Catch
Economics
12 h. Assessing energy security in Europe, US and China as Iran crisis drags on
Economics
7 d. Iran sends millions of oil barrels to China through Strait of Hormuz even as war chokes the waterway
Economics
2 w. Why the Iran war will accelerate China’s push to become an ‘energy powerhouse’
Economics
1 w. Iran war hits China’s sulphur imports as economic fallout from conflict grows
Economics
6 d. Oil price escalation could help China grasp more green global leadership
Economics
1 w. What Chinese politicians think about the attack on Iran: ‘This isn’t the world order I grew up with’
Politics
4 w. What We’re Watching: Iran partially shuts vital shipping lane, China increases purchases of Russian crude, A thaw in the Sahara
Economics
3 w. What would blocking the Strait of Hormuz mean for global oil and LNG shipments?
Military
3 d. Carpool: Chinese giants use idled foreign plants to fuel global expansion
Automotive
1 w. China presses Iran for safe oil and gas passage through Strait of Hormuz
Economics
6 d. EXCLUSIVE: Docs show Iran used shell companies in China for euro oil deals
Economics
2 w. Iran conflict will accelerate China’s push to become an ‘energy powerhouse’, analysts say
Economics
3 d. Indonesia’s Prabowo ‘surprised’ by Iran war, says US bombing won’t spark regime change
Politics
6 d. Top Links 1039 Oil profit spikes and who benefits. China needs a better welfare state. The origin of the Cumberland sausage and the second life of drop tanks.
Economics
2 w. China Oil Refiners Feel Safe From Iran Conflict Disruption with Crude Stockpile
Economics
2 w. Asia’s travel sector rattled by Iran attacks, fears of ‘domino effect’ slowdown
Travel
3 d. ‘Black rain’: Iran war’s toxic pollution will spread and last for decades
Weather
Popular countries based on strong economic and political relations
Add Watch Country

arrow_drop_down