Oil nations on edge in the face of new climate coalition
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If the peace agreement holds, the conflict between the US and Iran may soon be over, but it could take months if not years before the global economy returns to its previous course. As the Iran war and current energy crisis have again exposed the global economy's dependence on oil and gas, some economists say it is time to accelerate the transition away from fossil fuels, and to reduce dependence on volatile energy markets. In opening remarks at this year's climate talks in the German city of
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