CREA analysis estimates $3.1 trillion global energy cost increase linked to Iran conflict

Research from the Centre for Research on Energy and Clean Air (CREA) estimates that global energy price inflation resulting from the Iran conflict has reached $3.1 trillion, equivalent to total global renewable energy investment in 2025. The analysis highlights the economic friction between geopolitical instability and the global energy transition, though the methodology for isolating conflict-driven price premiums from broader market volatility remains subject to debate.