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Battery Storage Surge
Battery Storage Surge

Impact of Iran Conflict The current conflict in Iran is not only affecting oil prices but also bringing about a major shift in the energy sector. Fitch Ratings believes this crisis could accelerate the demand for battery energy storage systems (BESS) and electrification. Simply put, in an era of high oil and gas prices, the world is moving toward greater reliance on electricity and batteries. The growing tensions…

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International
Iran War Crisis Impact on World’s Economy 
Iran War Crisis Impact on World’s Economy 

Iran War Impact on Global Economy: According to Goldman Sachs report, Even if the war ends tomorrow, the crisis will not end , the conflict with Iran that erupted after the joint US-Israeli attack has disrupted global energy supplies. The report describes outlooks of war in three stages. US President Donald Trump has made a statement with Iran about the ongoing tension, that America will postpone any military…

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