A Clean Shipping Crunch Is Looming Amid a Conventional Fuel Shortage

The escalation of conflict across the Middle East and the disruption to energy flows through the Strait of Hormuz have introduced a variable into the maritime energy transition that regulatory frameworks were never designed to handle: the possibility that conventional marine fuel becomes unavailable because competing domestic priorities absorb the available supply. This changes the analytical framing for clean shipping in a big way, just as Norway introduced its new GHG-reduction rule. Steeper d...

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