News

UK looks to electrification and solar as energy crisis bites

Sustainable Views · last updated

The OECD has warned the UK economy will be hit hardest among industrialised countries by the Middle East war

The US and Israeli governments’ decision to launch strikes on Iran on February 28 plunged the region into an ongoing war. Iran is one of the world’s top producers of oil, while the Strait of Hormuz, a narrow waterway between Iran, the United Arab Emirates and Oman, is a major transport link that typically carries around 20 per cent of all oil consumed globally.