Defence and Renewables: The Surprising Winners of the Middle East Crisis
The Iran war has accelerated spending in two contrasting fields: military hardware and green energy.
Defence firms like Lockheed Martin report record backlogs for missile systems, while the threat to fossil fuel supplies has "supercharged" the renewable sector.
Companies like NextEra Energy and Octopus Energy have seen surges in investment and solar panel sales as nations seek energy resilience.
Potential US-Iran Agreement to Reopen Strait of Hormuz
Major points of a pending US-Iran deal include a halt to uranium processing and the release of frozen Iranian assets.
A key component of the talks is the complete reopening of the Strait of Hormuz. Washington is currently waiting 48 hours for Iran’s official response to the proposal.