“Drill, baby, drill’ backfires: Trump’s illegal war may trigger permanent shift away from oil

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  • Post last modified:12 June 2026

US oil exports are surging as Saudi and Russian exports are disrupted by US-led wars and sanctions — but, there is a big ‘but’ here, the true and permanent winner of Trump’s Iran war might be China’s clean-tech industry. Exports of Chinese-made solar cells hit 1.7bn units in March, a record high for a single month, the Financial Times reported. Trump’s Iran war has propelled China’s cleantech industry https://t.co/cme8pBMfew — Financial Times (@FT) June 11, 2026 Demand in March and April was led by Southeast Asia and Africa, highlighting “how swaths of the oil-dependent developing world have emerged as key markets…

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