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EVs Helped Make China Hormuz-Proof

Wall Street Journal US Business •
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China's rapid expansion of electric vehicles has reduced its reliance on oil imports through the Strait of Hormuz, enhancing energy security. The shift is driven by government policies, falling battery costs, and domestic EV production growth. While progress is significant, analysts note the transition is still in early stages with room for further scaling.

Meanwhile, Trump announced new sanctions on Venezuela's oil sector, aiming to pressure the Maduro government. European nations are urged to replenish gas reserves ahead of winter amid supply concerns. In the Alps, accelerated ice melt is increasing risks of floods and landslides, threatening mountain communities and infrastructure.