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Why The War In Iran Should Accelerate The Clean Energy Transition

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Key summary

2 min read
  1. The war in Iran disrupted oil markets and pushed Brent crude above $126 per barrel.

  2. The Strait of Hormuz funnels at least 20% of seaborne oil, creating a strategic chokepoint for fuel shipments.

  3. Renewables now produce electricity at lower costs than fossil fuels and 92% of installed capacity is cheaper than fossil alternatives.

  4. Expanding domestic renewables and recycling critical materials can reduce exposure to geopolitical fuel shocks.

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