Biden win poised to reshape US energy policy
A Democratic victory could spell an end to hostilities with the Islamic Republic of Iran and send a jolt through the global oil market
A US election win for Democratic presidential candidate Joe Biden would create a major shift in energy and climate priorities, as showcased by his ambitious domestic policy agenda. His top priority would be economic recovery, with a strong inclination to spend on green infrastructure and accelerate the transition away from fossil fuels. But as with past administrations, a rise in oil prices could still force a Biden administration to change tack. President Donald Trump’s “energy dominance” narrative centres on maximising US oil and gas exports and leveraging the country’s new energy abundance. The president has been emboldened to impose sanctions on several oil-producing states, with a lower
Also in this section
16 January 2026
The country’s global energy importance and domestic political fate are interlocked, highlighting its outsized oil and gas powers, and the heightened fallout risk
16 January 2026
The global maritime oil transport sector enters 2026 facing a rare convergence of crude oversupply, record newbuild deliveries and the potential easing of several geopolitical disruptions that have shaped trade flows since 2022
15 January 2026
Rebuilding industry, energy dominance and lower energy costs are key goals that remain at odds in 2026
14 January 2026
Chavez’s socialist reforms boosted state control but pushed knowledge and capital out of the sector, opening the way for the US shale revolution






