Energy shock could strengthen the case for renewables
A war-triggered chokehold on the Strait of Hormuz has unleashed what the International Energy Agency describes as the most severe oil supply disruption the world has ever seen, after the US-Israeli attack on Iran sent shockwaves through global energy markets.
And the turmoil is still unfolding.
Analysts say the fallout from the energy shock could be felt for years - even decades, depending on how quickly the conflict ends - piling fresh pressure on economies and households already struggling to stay afloat.
It’s only four…