The 40-day blockade of the Strait of Hormuz -- through which roughly 20 million barrels of oil and gas pass daily -- has prompted a global scramble for energy independence, accelerating demand for clean energy storage systems. Chinese exports of inverters, a key component in energy storage systems, have surged 57% year-on-year, driven first
Rocketing fuel prices triggered by the Iran war have led to a growing interest in electric vehicles, as charging costs get cheaper. Prices at the pump have soared to £1.50 a litre as Iran continues its stranglehold on tankers passing through the Strait of Hormuz, following US and Israeli-led military strikes on the country.
£12,000 solar panel grants to be fast-tracked for households Ministers are accelerating the roll-out of grants and loans for solar panels and batteries to provide households with cost of living relief in the wake of the Iran war, The i Paper can reveal. Low-income families could receive fully funded installations of solar panels and
With rising wholesale gas costs in the news, consumers are understandably concerned about the potential impact on their bills. Wholesale energy costs, what you pay for the energy bought to supply your home or business, make up around 40% of your energy bill. This blog post will explain what makes up wholesale energy costs, how they can affect what you pay for your energy, and what
The Strait of Hormuz blockage is the largest oil supply disruption in history, cutting off one-fifth of global oil and gas trade — but a far more diverse energy mix, led by solar, is absorbing the shock. Global solar capacity surged from 228 GW in 2015 to 2,919 GW in 2025, overtaking nuclear and
Suppliers have seen orders for solar panels and battery storage surge since the start of the Iran war, with annual energy bills predicted to rise by £332 in July Solar panel businesses are struggling to recruit installers fast enough to meet a “crazy” spike in demand due to Donald Trump’s war in Iran –
The Iran war will hit food prices, fuel costs and interest rates. But with a few smart moves, we could could turn this crisis to our advantage Energy shocks don’t just raise our energy bills – they can be turning points in how our economy runs. The UK responded to the energy crises of
America is waging wars of expansion across two continents at the precise moment its energy foundations are giving way. The war on Iran is a stress test of a late-stage empire — and every indicator says it will fail. The American empire is falling. The Trump-Netanyahu war on Iran - launched weeks after the
Oil has empowered capitalism, and some of the world’s most exploitative regimes. Move away from it and we can solve some of the key issues we face I realise this is a serious breach of etiquette. But could we perhaps abandon good manners and contextualise Donald Trump’s attack on Iran? The intense western interest
Fossil fuels aren’t a shield against chaos. They are a conduit for it. Iran’s daily strikes on Gulf energy infrastructure didn’t just set oil terminals ablaze. They have also torched one of the most persistent myths in modern energy politics: that oil and gas are the irreplaceable foundation of “energy security.” It’s a myth