California is confronting sky-high petrol prices and the threat of jet fuel shortages because of disruption caused by the Iran war, exposing US energy insecurity as the Strait of Hormuz remains closed.
The most populous US state is vulnerable to the turmoil in world energy markets because it relies on imports of refined products such as petrol and jet fuel from Asia after introducing ambitious plans to phase out fossil fuels and significantly reduce refining capacity in favour of renewables.
But as governments across Asia struggle to secure crude supplies and their refineries cut production because of the war with Iran, California is expected to come under increasing pressure to meet demand.
您已阅读12%（698字），剩余88%（5111字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。