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Story summary
- China emerged as the clear winner, gaining technological and energy-market dominance after the United States retreated from its Iran war.
- U.S. President Donald Trump’s Iran war ended with a cease-fire memorandum, driving crude oil to record highs and spurring market investment in solar, wind and nuclear power.
- Chinese firms now dominate global supply of wind turbines, solar panels and batteries, while U.S. tariffs keep their electric cars costly.
