A Global Energy Crisis No One Can Opt Out Of The war in Iran has caused a catastrophic impact on global energy markets, with the past eight weeks witnessing a perfect storm of events that have left policymakers and investors scrambling to respond.
The crisis is not just about oil prices or geopolitics; it's about the fundamental flaws in our energy system. One striking aspect of this crisis is its rapid spread beyond traditional hotspots.
Even countries with minimal direct exposure to Gulf oil, such as Japan, have felt the shockwaves caused by the war.