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InsideEVs
InsideEVs
Technology

Gas Car Drivers Hit 5 Times Harder By Iran Oil Shock Than EV Owners

  • EVs are far less exposed to oil shocks, with petrol costs rising much faster when crude prices spike.
  • T&E says petrol cars in Europe could be hit five times harder than EVs if oil stays above $100 a barrel.
  • Europe’s growing EV fleet is already cutting oil use, softening the impact of global fuel price spikes.
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