How the the War in Iran Is Redrawing the Global Energy Map
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world A series of new reports shows who has benefitted — and lost — from the conflict’s disruptions. Ships anchored off Oman's northern Musandam Peninsula near the Strait of Hormuz. Six months after US-Israeli strikes disrupted Middle Eastern fossil fuel production and turned the Strait of Hormuz into a naval battleground, the world is getting a fuller picture of how the Iran war has reshaped the economics of energy. A handful of new reports show how, by dramatically raising fossil-fuel prices, the conflict has also been pushing governments, companies and consumers towards renewable energy, with a clear set of winners and losers emerging.
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