How the Hormuz Crisis Is Driving a Biofuels Boom

Demand for biofuels has been growing in many parts of the world. Governments, particularly those in countries with big farming sectors, have viewed crop-based fuels as a way to support domestic agriculture, cut transport fossil-fuel emissions and help address climate change.

The energy crunch caused by the closure of the Strait of Hormuz has created a further incentive to boost production: energy security. Biofuels can’t fully replace petroleum, but they can be blended into gasoline and diesel, allowing countries to stretch existing fuel supplies.