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Trump's US energy dominance vision, despite record domestic production, failed to insulate consumers from global oil shocks caused by the Iran war, leading to significant price hikes. While natural gas shows more resilience, the overall approach ignores market realities and demand reduction.
Amidst surging gasoline prices caused by war in Iran disrupting global oil supplies, consumer interest in electric vehicles (EVs) is skyrocketing as of March 21, 2026. Car shoppers are increasingly exploring EVs to escape volatile fuel costs, with market research showing a significant uptick in inquiries. While new EVs still carry a higher upfront cost, the long-term financial and psychological benefits of energy independence are becoming more appealing.
The EU's €93 billion Horizon Europe program has undergone a significant transformation in 2026, largely blocking Chinese organizations from receiving EU funding in critical tech areas like AI and semiconductors. This strategic shift is driven by concerns over research security and intellectual property, reflecting Europe's evolving approach to global scientific partnerships amidst geopolitical complexities.
