Dossier
electrostates
Coverage of electrostates in the Nexus archive.
- Former IEA chief says world faces a ‘third oil shock’ despite US-Iran deal
Former IEA chief Nobuo Tanaka warns the current global energy crisis could mark a 'third oil shock,' reshaping the balance between fossil fuel-dependent 'petrostates' and 'electrostates' focused on electrification. He highlights prolonged supply disruptions and a potential two-year recovery timeline despite the US-Iran deal.