#energy-geopolitics-and-resource-competition

#energy-geopolitics-and-resource-competition

"A more decentralized energy system, with a growing share of renewables and more market players, is structurally more resilient. Countries that invested in the energy transition are weathering this crisis with less economic damage, as they boost energy security, resilience and competitiveness."

Australia's economic insulation is no longer guaranteed by geography, as geopolitical unrest in the Middle East can swiftly impact its economy through international energy markets.

KeyBanc's revised oil deck reflects a materially stronger crude environment than previously modeled, with dislocations in global crude and refined products expected to persist into summer.

In the first two weeks of the war, there has been a surge in the number of Americans looking to save money on energy-by asking for quotes on home solar systems and looking up electric vehicles online. We can expect similar trends in other countries. In India, where many kitchens depend on increasingly scarce and costly liquefied petroleum gas cylinders, consumers are racing to buy induction stoves.

The war in the Middle East is exposing how dependent the world is on a handful of strategic chokepoints. The Strait of Hormuz a narrow waterway in the Gulf is closed. The longer this goes on, the faster the global energy map could be reshaped.