Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
Technology

The Clean Energy Edge Is Becoming Clearer As a Result Of The Iran War

The war in Iran has a clear ripple effect in the energy industry. Oil-dependent nations are getting squeezed more than ever, further clarifying the clean energy advantage. (Credit: AFP)

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.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.