Global Biofuel Output to Jump 70% by 2030 Driven by Gulf Energy Crisis
πΏ ENERGY β The war is repricing the entire energy transition, not just oil. π LOOK CLOSER: A 70% biofuel surge by 2030 means capital is betting the Gulf disruption is structural, not temporary. Refiners, airlines, and governments are locking in alternatives before Hormuz reopens β if it does. For Tehran, this is the delayed cost: every barrel rerouted accelerates demand destruction for Iranian crude. Europe gains most; OPEC loses market share permanently.