Nearly 30% of China's energy and a large portion of India's energy supply transits through the Strait of Hormuz from producers like Saudi Arabia, the UAE, Qatar, and Kuwait.

China can build new nuclear power plants in approximately two to three years, compared to a ten-year timeline in the United States.

Afsaneh Beshlas predicts that sustained high oil prices resulting from the Iran conflict will lead to lower global economic growth, higher inflation, and increased interest rates.

Low-income countries like the Philippines and Bangladesh will likely face both energy affordability issues due to high spot prices and supply shortages, as exporters prioritize selling to wealthier na...