Strait of Hormuz

Auto Added by WPeMatico

Higher energy costs from Iran war could threaten fragile economics of AI boom | Heather Stewart

Industry with business model not yet firmly established and investments financed by huge debts is particularly at riskDonald Trump’s most immediate concern in demanding Iran reopen the strait of Hormuz may be rocketing US gasoline prices, but if the conflict drags on, higher energy costs will be felt far beyond the pumps.Systemically higher power prices

Higher energy costs from Iran war could threaten fragile economics of AI boom | Heather Stewart Read More »