EXPLAINER
South Africa to Australia: Why coal profits are surging during Iran war
Coal companies are reporting a huge rise in profits, but analysts say global clean energy transition is still on track.
![Iran's Foreign Minister Abbas Araghchi has blamed the US for a reutrn to violence in the Strait of Hormuz, and said new paths will be required to reach a lasting peace. [File: Elke Scholiers/Getty Images]](/wp-content/uploads/2026/08/getty_6a7fd502e4-1786762498.jpg?resize=770%2C513&quality=80)
![Ships are seen anchored in the Strait of Hormuz on August 10, as the US and Iran cotninue to enforce their respective blockades on the key shipping lane. [Ali Saeedi/Getty Images]](/wp-content/uploads/2026/08/getty_6a7e5499b4-1786664089.jpg?resize=770%2C513&quality=80)
- list 1 of 10Published on 14 Aug 2026
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Here’s what happened today
- list 3 of 10Published on 14 Aug 2026
WATCH: New aerial video reveals huge scale of oil spill off Oman
- list 4 of 10Published on 14 Aug 2026
UAE energy giant ADNOC says one of its vessels was attacked in Strait of Hormuz
Published On 14 Aug 2026
![People walk by a mural depicting Iran's late Supreme Leader Ayatollah Ali Khamenei, on a street in Tehran, Iran, August 13, 2026. [Majid Asgaripour/WANA via Reuters]](/wp-content/uploads/2026/08/2026-08-13T160902Z_81031738_RC2PXMAW3VJI_RTRMADP_3_IRAN-CRISIS-TRUMP-AIRPLANES-1786649800.jpg?resize=770%2C513&quality=80)
![Daniel Kinahan [Handout/US Department of State]](/wp-content/uploads/2026/08/Daniel-Joseph-Kinahan-1-3-1786288764.jpg?resize=770%2C513&quality=80)
![U.S. President Donald Trump gestures as he holds an umbrella after disembarking Air Force One at Joint Base Andrews, in Maryland, US. [Daniel Heuer/Reuters]](/wp-content/uploads/2026/08/2026-08-02T223827Z_1015294631_RC2LQMAP3H72_RTRMADP_3_USA-TRUMP-1785712640.jpg?resize=770%2C513&quality=80)
