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renewables

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…