Oil Shocks Could Accelerate EV Adoption, WoodMac Says | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy - Aug 13, 2026, 1:30 PM CDT Oil supply disruptions, high fuel prices and faster battery innovation could give electric vehicle adoption a fresh push, with consequences for oil demand, power grids and metals markets, Wood Mackenzie said Thursday.Wars affecting oil-producing Russia and Iran have exposed governments and consumers to higher fuel prices and supply risks, creating another incentive to invest in EV manufacturing and supply chains, WoodMac said in a new report.Technology is moving...