Nordic Energy Executives Highlight Fossil Fuel Intermittency Amid Hormuz Crisis

CEOs from Nordic energy companies Fortum and Statkraft argue that geopolitical instability, particularly due to the closure of the Strait of Hormuz, has exposed fossil fuels' own intermittency issues. They emphasize the need for homegrown clean electricity as a more reliable alternative.

By Hillary Remy Sun, June 7, 2026 at 8:33 PM GMT+3 6 min read · Yahoo Finance ·

Nordic Energy Executives Highlight Fossil Fuel Intermittency Amid Hormuz Crisis

Topics: energy policy geopolitics oil markets renewables

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