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Oil is up, but the real story is the shifting energy flows. Disruptions in the Strait of Hormuz are pushing countries toward LNG, boosting US exports and opening doors for new suppliers, while coal demand climbs and energy anxiety grows. In the long run, this crisis may accelerate the transition to renewables. CGTN's Yu Bokun reports.
Oil is up, but the real story is the shifting energy flows. Disruptions in the Strait of Hormuz are pushing countries toward LNG, boosting US exports and opening doors for new suppliers, while coal demand climbs and energy anxiety grows. In the long run, this crisis may accelerate the transition to renewables. CGTN's Yu Bokun reports.
(Cover Via VCG)