The war between the U.S., Israel and Iran has delivered the largest shock to global oil markets in history. Nearly 20% of the world’s crude and LNG flows halted at the Strait of Hormuz. Production across the Persian Gulf plunged. Prices surged past $100 a barrel. Yet one unexpected outcome now takes shape. Gulf governments accelerate multi-billion-dollar bets on solar, wind and batteries overseas. They seek energy security at home while monetizing oil faster abroad. Attacks on infrastructure from Ras Laffan in Qatar to Saudi facilities at Khurais and Manifa forced immediate cuts. Kuwait saw exports drop sharply. Qatar declared force majeure on LNG. Saudi Arabia and the UAE rerouted some volumes through Red Sea and Gulf of Oman pipelines. Those routes cover only a fraction of normal traffic. Storage tanks filled. Fields shut in. The International Energy Agency called it unprecedented. Fortune reported the blockade triggered the sharpest supply disruption ever recorded.…