The great energy pivot: US oil and Chinese solar are the winners in Trump’s war on Iran
Exposure of world’s reliance on Middle East supplies accelerates global shift towards new energy superpowersIn the open seas, an armada of empty tankers has quietly turned west. A record number of super-sized vessels are now heading to the US, where oil drillers and refineries are preparing to profit from Donald Trump’s war in the Middle East.Almost 30 of these vessels, each able to hold 2m barrels of oil, are contracted to load US crude, destined for a global market facing the biggest supply crisis in history. Continue reading...
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