"Energy is the lifeblood of our societies and our industries. And we're still highly dependent on fossil fuels. The world still gets about 80% of its primary energy from fossil fuels, the main source of greenhouse gas emissions driving climate change."
"Countries with a higher share of homegrown renewables in their energy mix are less vulnerable to these shocks. The energy renewables produce typically comes from within national borders, reducing dependence on international supply chains affected by geopolitical tensions and trade disruptions."
"The risk of Iranian strikes has essentially shut down the Strait of Hormuz, the crucial waterway used to transport 20% of the world's oil and gas. The disruption means fuel may struggle to reach the countries that depend on it to generate electricity, heat homes, power industry and run transport."
Middle East tensions have disrupted global energy markets, with the Strait of Hormuz—transporting 20% of world oil and gas—effectively shut down due to conflict escalation. This supply disruption raises fuel prices globally and intensifies cost-of-living pressures. The world remains 80% dependent on fossil fuels, making economies vulnerable to geopolitical shocks. Countries with higher renewable energy shares experience greater resilience because renewables are domestically produced, reducing dependence on international supply chains. While renewable technologies have global supply chains vulnerable to disruption, the energy they generate originates within national borders, providing protection against external energy crises.
#renewable-energy-resilience #geopolitical-energy-shocks #fossil-fuel-dependence #middle-east-conflict-impact #energy-security
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