
Beyond a death toll in the thousands, the war in Iran has a big ripple effect: the more oil-dependent nations are getting squeezed more than ever due to the closure of the Strait of Hormuz, illustrating the advantage for those relying more on clean energy.
As oil hovers around $100 per barrel, countries like China, Pakistan and Nordic nations are using diversified energy sources as a security asset. In contrast, countries in Southeast Asia, the U.K. and the U.S. are feeling a more immediate squeeze.