Iran war oil shock drives dip in global emissions, study shows

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Global carbon emissions are set to slightly drop this year, a new study suggests, largely as a result of high energy prices in the wake of the US war on Iran and the disruption of supply through the Strait of Hormuz . Emissions from oil, gas and coal are the main drivers of climate change . While over the past decade, these emissions have risen by 0.9% per year, they are expected to drop by 0.4% in 2026. "It's downwards, which sounds good, but this is largely driven by the war in Iran, what's happened in the Strait of Hormuz," said the study's co-author Glen Peters, a scientist at the CICERO Center for International Climate Research in Norway. "So in a way, a little bit of good news, but for the wrong reasons.