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As tensions rise in the Strait of Hormuz, global energy markets face extreme volatility. Oil prices briefly surged toward $120 per barrel before dropping sharply, highlighting a market driven by geopolitical risk and fragile supply routes.
As geopolitical tensions choke energy supply lines, Europe faces a choice: continue subsidizing the past or invest in a self-sufficient future. From PPA guarantees to tax reform, here is how the EU can jumpstart a "home-grown" electricity revolution.