How the Hormuz Crisis Turned Southeast Asia Into a Solar Powerhouse
AI Summary
The Hormuz crisis has accelerated Southeast Asia's transition to solar power amid ongoing tensions around the Strait of Hormuz. The conflict has disrupted oil and gas markets globally, prompting leaders to pursue clean energy alternatives.
The United States and Iran have stepped back from the brink of all-out war, but the ceasefire that followed nearly four months of fighting is still being tested by flare-ups around the Strait of Hormuz. One outcome of the crisis, though, is already clear: the clean energy transition is speeding up, and shows no sign of slowing. The war is just the latest in a string of conflicts to send shockwaves through oil and gas markets in recent years, leaving global leaders increasingly wary of dependence on fossil fuel imports and underscoring the energyβ¦