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Top economist Paul Krugman warns the Iran war will help China dominate the renewable power market

Summary by Business Insider
Bloomberg/Getty ImagesPaul Krugman thinks the Iran war will help China dominate the clean energy market.The economist wrote that oil volatility is sparking a rush toward other power sources.In his view, China is in an ideal position to meet the growing demand for renewable power. Nobel economist Paul Krugman sees the Iran war reshaping the energy market in a way that benefits America's chief geopolitical rival: China. Krugman has been bearish on…

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Business Insider broke the news in United States on Tuesday, April 14, 2026.
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