NuScale Power (NYSE:SMR) shares jumped 7% on Thursday, driven by heightened geopolitical tensions and nuclear energy focus.
UN climate chief Simon Stiell said the Iran war is “supercharging” the global shift to renewables, boosting investor sentiment.
China’s Xi Jinping urged faster nuclear and hydropower build‑out, while Turkey’s Murat Kurum and 60 nations pushed for fossil‑fuel phase‑out.
Demand for alternative energy rose, with Europe’s rooftop solar and Pakistan’s EV sales seeing notable increases.