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Stock impact report

The Iran War just made the clean energy transition non-negotiable [Fortune]

Bloom Energy Corporation Class A (BE) 
Last bloom energy corporation class a earnings: 11/7 04:26 pm Check Earnings Report
Company Research Source: Fortune
I've spent 20 years making the economic case for clean energy. I never imagined the geopolitical case would be made for me — in real time, and at the cost of thousands of lives, like we're seeing in the Strait of Hormuz. Roughly 20 million barrels per day of oil moved through Hormuz in 2024, equivalent to about one-fifth of global petroleum liquids consumption. When that waterway closed, oil prices spiked to $126 per barrel in what the U.S. Energy Information Administration has described as the largest supply disruption in global oil market history. A modern economy that depends on tankers clearing a military chokepoint is grossly exposed. This is what happens when an entire economic system runs on fuels that must pass through contested corridors. The Frame Shift Oil shocks are macroeconomic and geopolitical risks, plain and simple. Grid software, battery storage, distributed energy, industrial electrification: these are infrastructure investments that also happen to decarbon Show less Read more
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