The recent surge in oil and gas prices has indeed sparked a “told-you-so” moment for nuclear energy advocates. As of March 2026, geopolitical instability in the Middle East—specifically involving the closure of the Strait of Hormuz—has driven Brent crude to peaks near $120 per barrel, exposing the inherent volatility of fossil fuel dependence.
The recent surge in oil and gas prices has indeed sparked a “told-you-so” moment for nuclear energy advocates. As of March 2026, geopolitical instability in the Middle East—specifically involving the closure of the Strait of Hormuz—has driven Brent crude to peaks near $120 per barrel, exposing the inherent volatility of fossil fuel dependence.