The Iran-driven energy shock is adding urgency to South Korea’s push to cut its reliance on imported fossil fuels, giving President Lee Jae Myung momentum to push his clean-energy agenda.
A hedge fund manager focused on navigating the energy transition has generated a 39% return so far this year, after adopting a policy of ignoring US President Donald Trump’s signals on the Iran war.
The Iran war is accelerating a shift toward renewable energy as governments race to reduce supply-chain vulnerabilities, according to UNFCCC Executive Secretary Simon Stiell.
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