Keep pulling the thread on Peter Guest.
Nearly 20% of the world's oil and gas supply flows through the Strait of Hormuz.
Following the 1970s oil shocks, France and Japan each built tens of nuclear reactors within a single decade.
Oil was eliminated from the European electricity generation mix within a decade following the 1970s oil shocks.
The United States introduced car fuel efficiency standards in 1974, leading to cars that could travel twice the distance per gallon within a decade.
The UK has implemented a policy requiring new homes to be built with heat pumps instead of gas boilers.
In a hypothetical scenario where the Strait of Hormuz is closed, ship traffic is reduced by 90% to 95%.
Pipelines from Saudi Arabia to the Red Sea and from the UAE to the Arabian Sea allow 5 to 7 million barrels of oil per day to bypass the Strait of Hormuz.
The European Union launched a plan called Accelerate EU to speed up the electrification of its economy.
France has mandated that new homes built after the end of 2026 can no longer have gas boilers and must instead be equipped with a heat pump.
China's long-term energy strategy, including its development of renewables, was driven by security concerns over potential blockades of choke points like the Strait of Hormuz and the Strait of Malacca.
Prior to the 2022 invasion of Ukraine, Russia supplied approximately 40% of the European Union's natural gas via pipelines.
Germany passed laws requiring its states to dedicate 2% of their land to clean energy projects and reduced the number of environmental assessments required for them.