From Hormuz to home-grown power: Why the Middle East crisis strengthens the case for investing in Asia renewables
🔴 Tension RisingThe Business Times2026-05-12
The US-Iran conflict has disrupted oil traffic through the Strait of Hormuz, leading to higher energy prices and forcing Asian countries to reconsider their energy security. Asia was already investing in solar, wind, and storage, and the crisis is now accelerating this trend, turning renewables into a strategic hedge. This shift highlights the importance of diversifying energy sources and reducing reliance on geopolitically sensitive regions.