Clean energy seen as structurally immune to Hormuz-style shockHormuz-style shock
A report from the Energy Transitions Commission says clean energy systems are less exposed to supply shocks like those that can hit oil and gas flows through the Strait of Hormuz.
The group, which includes executives from companies such as ArcelorMittal, HSBC Holdings and Shell, argues that renewable power changes the geography and economics of energy supply.
The finding matters because tensions in the Middle East can quickly ripple through global fuel markets, while cleaner systems may offer countries a more resilient energy base.
- The Strait of Hormuz is only about 33 kilometers wide at its narrowest point.
- ArcelorMittal is the world’s largest steel producer.
- HSBC began in Hong Kong and Shanghai in 1865.
US-Iran Ceasefire War
The United States launched military strikes against Iran on June 26, 2026, in response to a drone attack on a commercial cargo ship in the Strait of Hormuz, calling it a "foolish violation" of the 60-day ceasefire agreement signed just days earlier[2][4][14].
26 June, 09:35 PM
US launches strikes against Iran following commercial ship attack26 June, 04:47 PM
Trump calls Iran drone attack on cargo ship a ceasefire violation
