Oil and gas prices are soaring. Some countries are ready with solar panels and EVs

[Uncle Joe]

3. The world still gets oil, but only at about 80% perhaps more considering only the warring factions,

and their allies are prohibited from the entering or exiting the Strait per Iran.

Nations that do have higher rates of solar and wind development have much greater flexibility in adapting to increased fossil fuel restrictions; which may primarily affect factories, and oceanic transportation but at least on a personal level is less adverse from a financial or existence standpoint than being exclusively tied to fossil fuels.

On the other hand, nations still championing the fossil fuel age as the end all are hit with double whammies when its' people suffer from both micro and a macro shortage effects.

If this continues mid or long term, I expect it will spark rapid further advancement in R & D of renewables.