China gains from Iran war as global energy interest turns away from fossil fuels

The war in Iran is sharpening China’s advantage in promoting a renewable energy future, as oil disruptions expose the fragility of fossil fuel systems.

Higher fuel prices are accelerating interest in electric vehicles and other clean technologies across Asia.

China, with firms such as its biggest electric vehicle maker BYD and battery maker CATL, is well positioned to meet that demand.

That contrasts a more fragmented U.S. approach that has promoted fossil fuels.

Analysts say this fundamental shift will likely remain even if the Iran war ends and ultimately may lead to the strengthening of China's global influence.