Iran Strikes: Why Quitting Oil is More Critical Than Ever Amid Global Tensions

• Strikes on Iran by Israel and the US have put global oil markets on edge, with prices rising due to potential disruptions.
• The Strait of Hormuz, a critical chokepoint for 20% of global oil trade, faces closure threats, impacting supply.
• Oil dependence shapes geopolitics; nations are accelerating plans to reduce reliance and boost energy security.
• Renewables offer a resilient alternative, as decentralised power generation is harder to disrupt than centralised oil infrastructure.
• Electrification of transport, like EVs, reduces exposure to volatile global oil markets and enhances national security.