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The Nexus
BUSINESSMay 14 · 09:00 UTCAXIOSAmy Harder

The energy squeeze behind the Iran war and AI boom

The Iran war and AI boom are driving a global energy squeeze, with oil prices fueling inflation and power demand from data centers straining electricity systems. Energy scarcity and demand are affecting global stability and economic growth. The US grid watchdog has issued a warning about the potential strain on electricity systems.

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