Emerging market telcos face diesel crunch as Strait of Hormuz crisis drives energy costs skyward
The blockade of the Strait of Hormuz caused by the US and Israel's war with Iran is placing fresh pressure on emerging market telecom operators, many of which remain heavily reliant on diesel generators to keep their networks running. With around 20% of the world's oil supply disrupted and crude prices climbing above US$120 per barrel for the first time…
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