Iran war energy shock sparks global push to reduce fossil fuel dependence

The energy shock from the Iran war has policymakers around the globe rethinking ways to reduce long-term dependence on oil and gas imports, with proposals to expand nuclear energy and renewables, grow strategic stockpiles and domestic production, and diversify foreign sources of supply. Iran’s closure of the vital Strait of Hormuz shipping lane, after the … Continue reading Iran war energy shock sparks global push to reduce fossil fuel dependence