Strait of Hormuz closure a wake-up call to diversify energy, push renewables: Amit Mor
New Delhi, June 1 -- The closure of the Strait of Hormuz is a stark reminder to shift away from oil and gas dependence toward renewables and diversified energy sources, said Amit Mor, CEO of Eco Energy Financial & Strategic Consulting and Senior Lecturer at Reichman University, stressing that India and Israel can collaborate on agrivoltaics and energy security.
"The closure of the Strait of Hormuz no doubt impacted all the international and global economy by rising oil prices, gas prices, but not less important, also food prices because one third of the fertilisers for agriculture are produced in the Persian Gulf, thus affecting India, for example, as a major agricultural country," Mor said.
"So the very important lesson learned is to d...
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