How the Hormuz crisis is driving a biofuels boom

How the Hormuz crisis is driving a biofuels boomSign up now: Get ST's newsletters delivered to your inboxBiofuels are typically made from crops such as corn, sugarcane, soya beans and palm oil rather than fossil hydrocarbons such as oil.PHOTO: REUTERSPublished Apr 30, 2026, 05:15 PMUpdated Apr 30, 2026, 05:15 PMDemand 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.

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