In February 1977, President Jimmy Carter addressed the nation wearing a cardigan to emphasize the importance of energy conservation. He introduced the 'energy transition' program in his Moral Equivalent of War speech, focusing on building a secure domestic energy base.

The Iran war has prompted global policymakers to reconsider strategies for reducing reliance on fossil fuels, including expanding nuclear energy and renewables, increasing strategic stockpiles, boosting domestic production, and diversifying supply sources. The closure of the Strait of Hormuz following U.S. and Israeli attacks on February 28 marks the third significant energy shock this decade.