U.S. Battery Expansion Surges Ahead of Demand Curve

By Felicity Bradstock – Oilprice.com

Following the escalation of the Iran conflict in early 2026, disruptions to oil shipments through the Strait of Hormuz triggered a global fuel crisis, pushing prices higher and straining supply chains worldwide. Governments worldwide have responded with a wide range of emergency measures aimed at shielding consumers and securing domestic supply, ranging from financial support to rationing as the fuel crisis deepens.