The article emphasizes that the closure of the Strait of Hormuz is no longer a temporary concern, predicting that oil prices will remain high, potentially exceeding $120 per barrel due to permanent production capacity loss, and calls on the Dominican Republic to implement a strategic shift by developing a clear roadmap for energy transition, prioritizing renewable sources, and providing direct support to vulnerable sectors while phasing out fuel subsidies. #EnergyTransition #OilPrices #SustainableDevelopment












