How the Iran war will reshape the future of energy

Since the US and Israel launched their attacks on Iran on Feb. 28, global energy markets have been frenetic, prices swinging up and down with each new headline. Even with the prospect of the Strait of Hormuz reopening, prices of oil and gas have risen around the world, and we’re starting to see impacts on local economies, particularly in Asia. This week on Zero, Bloomberg opinion columnist David Fickling explains what those impacts are, and how they may reshape Asia’s energy systems for decades to come.  Explore further: Iran War: The LNG Shock Isn’t Driving Asia Back to Coal - Bloomberg Iran War: Expensive Oil Is EV Makers' Best Sales Pitch - Bloomberg Iran War: A Country Fueled by Subsidized Diesel Is Running Dry - Bloomberg Zero is a production of Bloomberg Green. Our producer is Oscar Boyd. Special thanks to Sommer Saadi, Mohsis Andam, Sharon Chen and Laura Millan. Thoughts or suggestions? Email us at [email protected]. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green.See omnystudio.com/listener for privacy information.