The Iran War Is Fueling a Boom in Clean Energy

The Iran war might have done exactly what President Trump was trying to avoid: turning the world away from fossil fuels to alternative energy sources, because of the wide range of vulnerabilities it has exposed in the international energy system. Restrictions on trade through the Strait of Hormuz have underscored just how dependent many countries are on this waterway for fossil fuel imports, prompting governments to seek alternative suppliers and accelerate the deployment of renewable energy sources. The near closure of the Strait of Hormuz,…