Energy security becomes the new driving force of global energy transition
Bangladesh, June 22 -- The recent disruption to energy flows through the Strait of Hormuz sent a powerful reminder to governments, businesses and consumers worldwide about the fragility of the global energy system. While the immediate concern centered on oil and gas supplies, the consequences quickly extended far beyond energy markets. Shipping costs increased, industrial supply chains faced new uncertainties, household energy bills rose, and inflationary pressures intensified across many economies. The crisis highlighted a critical reality of the modern era: energy security is no longer merely a matter of ensuring access to fuel supplies. It has become a central pillar of economic stability, national resilience and long-term prosperity....
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