Image: SAFETY4SEAIEA: Countries agree to strengthen energy efficiency to mitigate Hormuz disruption impact - SAFETY4SEA
• On June 29, dozens of governments agreed to strengthen energy efficiency policies to better protect households and businesses from volatile energy prices. • The initiative aims to improve global resilience against future energy shocks, specifically those potentially caused by disruptions in the Strait of Hormuz due to Middle East conflicts. • This move matters as it seeks to reduce systemic dependency on unstable energy corridors and mitigate the economic impact of geopolitical instability.
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