Oil prices surge from Iran conflict boosts global biofuel demand

Global oil prices are surging due to a war in the Middle East. This is increasing demand for biofuels made from crops. Countries in Asia are boosting biofuel use to reduce reliance on expensive oil imports. While some worry about food prices, experts believe …

London: Soaring oil prices in the wake of the U.S.-Israeli war on Iran are driving renewed demand for biofuels as the need to tackle a fossil fuel shortage outweighs concerns that using crops for fue…

Originally published by The Times of India. Read the full article →