EV demand is getting a boost from the Iran war — just as auto giants pivot back to combustion engines
Orientul Mijlociu
The sprawling Middle East crisis is expected to spur drivers to abandon traditional internal combustion engine vehicles in favor of EVs, analysts told CNBC, although early evidence suggests this will be a gradual gearshift. The Iran war has severely disrupted oil exports through the strategically vital Strait of Hormuz, which typically carries about a fifth of the world's oil and liquified natural gas (LNG). It has underlined the extent to which the world remains deeply reliant on fragile
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