The strikes on Iran show why quitting oil is more important than ever
- Written by Hussein Dia, Professor of Transport Technology and Sustainability, Swinburne University of Technology
Anton Petrus/GettyAs Israel and the United States strike Iran, global oil markets are on edge.
Oil prices have begun rising even before any disruption to supply. Oil traders are factoring in the possibility the Strait of Hormuz might close.
Roughly 20% of the world’s traded oil passes through this narrow waterway between Iran to the north and O...





