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Energy Crisis Spurs Global Push for Remote Work
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Energy Crisis Spurs Global Push for Remote Work

Yale E360·Carl Safina·6 months ago
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The energy shocks rippling from the war in Iran have prompted countries, from Cambodia to Peru, to embrace remote work. Leaders in Europe are now joining the push as they look to curb consumption of oil.

As talks between the U.S. and Iran faltered over the weekend, Iran resumed blocking oil tankers in the Strait of Hormuz, a key bottleneck through which roughly a fifth of oil consumed globally flows. The U.S. retaliated by seizing an Iranian cargo ship, fueling uncertainty about when normal trade might resume. The developments caused the price of oil to surge .

European leaders have sought to tackle the spike in prices by curtailing the use of oil. The European Commission will present a set of recommendations to its members on how to ramp up clean power and curb demand for fuel, according to a draft document obtained by the Financial Times.…

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