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Analysts: US-Israel-Iran Conflict to Become Key Turning Point for Global Energy Transition
The ongoing conflict between the US, Israel, and Iran continues to cause serious disruptions to the global energy market. At the same time, the importance of energy transition has become even more evident due to this crisis. Recently, some analysts have stated that the impact of this conflict is expected to become a key turning point in the process of energy transition. They believe that the effects of the US-Israel-Iran conflict may accelerate countries’ efforts to move away from fossil fuels and prompt them to reconsider the role renewable energy can play in enhancing energy security. Before the outbreak of the conflict, energy transition was already making significant progress, but the energy crisis triggered by the conflict suggests that countries may invest more in clean energy. (CCTV News)