Electrification in Asia is no longer just a Chinese story. Reuters reports that a war in Iran could accelerate the shift away from oil and gas toward electricity in Asia. The loss of approximately 10 million barrels of oil per day and about 20% of global LNG through the Strait of Hormuz is turning electric mobility and battery storage into a strategic safety net. For example, in Vietnam, electric vehicle sales are projected to rise by 150% in 2024 and by another 100% in 2025. reuters.com 🇬🇧