Countries that generate more of their power from wind, solar and other renewable sources are better protected from global energy shocks, experts say, as escalating conflict in the Middle East rattles global markets.

The war has widened since the US and Israel launched strikes on Iran more than 10 days ago. Critical infrastructure in the region has come under attack and the risk of Iranian strikes has essentially shut down the Strait of Hormuz — the crucial waterway used to transport 20% of the world's oil and gas.