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7.6
Iran Conflict Accelerates Global Shift to Renewables as Hormuz Vulnerabilities Exposed
OilPrice.com·IR · US·3 days ago
The European Commission is prioritizing a rapid build-out of domestic renewable and nuclear capacity to reduce reliance on external energy suppliers and mitigate future price shocks. This marks a strategic shift toward energy autonomy, though implementation timelines and financing remain uncertain. The move could reshape EU energy markets and reduce vulnerability to geopolitical supply disruptions.
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