Iran holds some of the world’s largest untapped reserves of lithium, copper, and rare earth elements — the very materials Europe needs for its EV battery transition. But sanctions lock EU companies out while China and Russia absorb the supply.
Goldman Sachs estimates global refined product stocks have fallen to 45 days of demand as the Strait of Hormuz disruption chokes jet fuel, naphtha, and LPG supplies — a shortage the world cannot easily substitute its way out of.
Iran is pouring billions into solar farms to fix its power crisis. Germany is spending hundreds of billions on offshore wind to end its dependence on Russian gas. Two parallel energy revolutions, driven by the same diagnosis, kept apart by sanctions.