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21. May, 2026

The Iran War will reduce ETS emissions but price impact will likely be limited

European Carbon
EU ETS Team

Hormuz blocked, infrastructure damaged

The war started with massive Israeli and US airstrikes across Iran on 28 February. Supreme leader Ayatollah Ali Khamenei and many senior civil and military commanders were killed. So were around 150 children when a Tomahawk missile hit their elementary school in the southern Iranian city of Minab. In response, Iran launched missiles and drones on Israel and Gulf countries hosting American military bases.

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Carbon
EU ETS1, EU ETS2, North American Carbon, GCC
Carbon
EU ETS1, EU ETS2, North American Carbon, GCC
Fuels
Biomethane, Transport fuels
Fuels
Biomethane, Transport fuels
Power Purchase
Agreements (PPAs)
Asset valuation, Deal flow, Market prices
Power Purchase
Agreements (PPAs)
Asset valuation, Deal flow, Market prices
Energy Attribute Certificates (EAC)
GOs, REGOs, Global Certificates
Energy Attribute Certificates (EAC)
GOs, REGOs, Global Certificates

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