(Stephanie Yang – CNN) The war in Iran has sent oil-starved countries scrambling for fuel. Many are opting for energy alternatives — and turning to the renewables king of the planet: China. Chinese exports of solar technology, batteries and electric vehicles all reached record highs in March, according to energy think tank Ember, a sign that the historic oil supply shock is accelerating the adoption of clean energy around the world. After the US and Israel launched airstrikes against Iran in late February, the Iranian military effectively barricaded the Strait of Hormuz, cutting off about one-fifth of global oil and natural gas supply. Oil price volatility has surged as the conflict has expanded into the Middle East and negotiations to end the war have stalled. – The Iran war has the world buying more clean energy. China stands to benefit the most | CNN Business
The Iran war has the world buying more clean energy. China stands to benefit the most
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