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Singapore Eyes Nuclear Power as Iran War Exposes Its Import Problem

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Singapore Eyes Nuclear Power as Iran War Exposes Its Import Problem | Gold market brief illustration

Singapore is in an energy pickle. The island nation is still reeling from high oil and gas prices driven by the war in Iran, and is scrambling to build up alternative and indigenous energy sources. The problem is that there’s almost nowhere to build it. As the second-most densely populated country in the world (after Monaco), Singapore has an enormous need for energy and problematically scarce land parcels on which to develop it. Because of these parameters, Singapore needs to look toward the most energy-dense energy production options, leading…

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