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Is this nuclear power’s big moment?
The Middle East energy crisis may turn out to be pivotal to the industry’s long-term expansion, but significant challenges still stand in its way
Japan and South Korea prepare for crucial winter
Nuclear availability and the extent of low temperatures will decide how much LNG they will need for the months ahead
Nuclear SMRs could decarbonise Canada’s oil sands sector
But cost and commercialisation timeframes may prove a barrier to adoption
Power demand threat to Europe’s winter gas security
Greater-than-expected requirements to burn the fuel to keep the lights on could harm supply conservation efforts
Japan and South Korea promise little immediate LNG market relief
East Asia’s power sector use may be poised to shrink from 2023, but demand for the fuel is expected to remain strong this year
Iran launches new port amid challenges to nuclear deal
The country started loading crude from its new Jask oil terminal last week as doubts grow about the prospects for a revived JCPOA
Iran deal faces many hurdles
A purported leak is just the latest potential obstacle to Washington-Tehran rapprochement
Biden’s nuclear redemption
Domestic nuclear energy policy may be the president-elect’s best opportunity to make immediate strides towards net-zero
Saudi Arabia need not fear Biden
The kingdom may be apprehensive about the incoming US president’s attitude towards Iran, but it could ultimately profit from the regime change
Fukushima still looms over energy decisions
Japan ignores strategic low-carbon energy options and risks muddling through by adding more coal
Construction of the International Thermonuclear Experimental Reactor in France
Nuclear
Stuart Penson
15 April 2026
Follow @PetroleumEcon
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Is this nuclear power’s big moment?

The Middle East energy crisis may turn out to be pivotal to the industry’s long-term expansion, but significant challenges still stand in its way

Nuclear power’s history is littered with course-altering moments, usually in the form of tragic accidents that have prompted governments to reconsider their backing for what some argue is still the world’s most controversial energy source. The Middle East crisis of 2026—a conflict ironically rooted in Iran’s broader nuclear ambitions—might turn out to be another big, yet more constructive, moment for the industry. Spiking gas prices in Europe and elsewhere, along with the prolonged curtailment of LNG production in the Middle East, have undoubtedly strengthened the case for nuclear generation in the minds of policymakers and many potential investors. Its lure as a simultaneous solution to dec

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