Energy shock: How the war on Iran is reshaping global power | CNA Correspondent #CNA

Energy shock: How the war on Iran is reshaping global power | CNA Correspondent
The war on Iran was expected to showcase military might, but it quickly turned into a battle over energy. With oil and gas flows disrupted, the crisis is rippling across the globe, hitting economies and households from Asia to the US. Why does the world remain so vulnerable to energy shocks? Could this accelerate the shift away from fossil fuels or deepen dependence? And how might the conflict reshape the balance of power in favour of China? Arnold Gay speaks to Roland Lim and Toni Waterman about how the war will impact economies, geopolitics and the search for energy security.

Highlights:
01:49 Asia remains the most exposed region to the current Strait of Hormuz disruption
03:22 A more nationalistic and inward-looking US
05:38 Trump rolled back plans to invest and develop renewable energy sources
08:26 Will the war on Iran speed up or complicate move away from fossil fuels?
12:13 Will things become more expensive for Americans?
14:57 Is China the potential winner in this situation?
17:32 Does this crisis signal a return to nuclear power?
20:57 What will Asia do to boost its energy security?

Subscribe to our channel here: https://ift.tt/B17xPVz

Visit our website: https://cna.asia
Download our app: https://cna.asia/app

Get our editors’ picks of stories via chat apps:
Telegram: https://ift.tt/c5SbjGW
WhatsApp: https://ift.tt/IyMngP1

Follow us on these platforms:
https://ift.tt/8UdSHwZ
https://ift.tt/t7036Hg
https://ift.tt/PsmUVvI

Thank you for your support in keeping this website running.💛

View on “Tokyo Trend News”