Ormuz and European Energy Concerns

The European Union's energy policy, designed for a bygone era, is facing scrutiny due to the ongoing situation at the Ormuz Strait. The excerpt highlights the need for flexibility and open options within the energy transition, rather than rigid dogma, as Europe grapples with potential disruptions to its supply chains. This situation underscores the vulnerability of European economies to geopolitical instability and highlights the urgent need for diversification.

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