EVs wiped out oil demand equal to 70% of Iran’s exports in 2025

March 18, 2026 at 12:01 AM
Michelle Lewis

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<div class="feat-image"><img src="https://electrek.co/wp-content/uploads/sites/3/2025/09/Tesla-Model-Y-Performance-hero-US.png?w=1600" /></div><p>EVs are starting to chip away at one of the global economy’s biggest vulnerabilities: oil.</p> <a class="more-link" href="https://electrek.co/2026/03/17/evs-wiped-out-oil-demand-equal-to-70-of-irans-exports-in-2025/#more-460091">more…</a>

<div class="feat-image"><img src="https://electrek.co/wp-content/uploads/sites/3/2025/09/Tesla-Model-Y-Performance-hero-US.png?w=1600" /></div><p>EVs are starting to chip away at one of the global economy’s biggest vulnerabilities: oil.</p>

<a class="more-link" href="https://electrek.co/2026/03/17/evs-wiped-out-oil-demand-equal-to-70-of-irans-exports-in-2025/#more-460091">more…</a>

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