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Climate cooperation offers a way out of energy price chaos

With geopolitics in disarray, energy price crises will keep happening. Continued dependence on fossil fuels would leave countries forever lurching from crisis to crisis.

Climate cooperation offers a way out of energy price chaosClimate cooperation is a cure for the chaos of this moment.
Written by: Simon Stiell
4 min readApr 6, 2026 06:12 AM IST First published on: Apr 6, 2026 at 06:12 AM IST

As the head of UN Climate Change, I’m used to making the case for clean energy. Today, the latest fossil fuel energy crisis is doing that job for me. War in the Middle East has exposed a brutal truth: Fossil fuel dependency rips away countries’ sovereignty and security, putting food prices, household budgets, business bottom lines, and entire economies at the mercy of geopolitical shocks. In a world of “might is right” politics, the costs of fossil fuel subservience are spiralling out of control.

The latest conflict has unleashed what the International Energy Agency has called “the greatest global energy security threat in history”, constricting oil and gas supplies and sending prices soaring. Inflation inevitably follows, with higher bills for families and businesses. The impacts are reverberating around the world, with Asia deeply affected as it imports 40 per cent of its oil through the strait of Hormuz. The World Food Programme predicts that the war could push global hunger to record levels this year.

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