8 Articles
8 Articles
The new war escalation in the Middle East has triggered the price of oil above $100 per barrel and put energy security back at the heart of the global economy. However, this increase in prices and, therefore, in profits for oil companies has failed to stop the decline in oil investments. On the contrary, money is increasingly directed towards electricity, grids and renewable energies. This is confirmed by the latest annual report on investments …
Mideast war reshaping national energy strategies: IEA says
TEHRAN, May 28 (MNA) – The US-Israeli aggression on Iran is pushing countries to open new supply routes and turn to domestic resources to tide over the world’s biggest energy crisis, the International Energy Agency said on May 28.
The IEA warns that new geopolitical instability is already affecting global investment choices, boosting the shift towards renewables, natural gas and electricity infrastructure.
www,finanzasdigital.com The International Energy Agency (IEA) indicated that the conflict in the Middle East is forcing countries to rethink their supply strategies... The post AIE: war in the Middle East redefines the global energy strategy appeared first on Digital Finance.
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