The 2026 Middle East War is likely to be the last in human history where a disruption to fossil fuels means a major global economic impact. By the 2030s, both China and Europe will be well on their way to totally decarbonising their economies, and Chinese manufacturing exports of renewable tech will be doing the same for much of the rest of the world. The age of fossil fuels will be disappearing in the rear-view mirror.
The longer the war goes on, the more renewables win. It will be clear they mean cheap, reliable, clean, and freedom from global instability. Tens of millions of people around the world who have cars to buy in 2026 will be looking at EVs with new appreciation.