Is Europe heading to an energy crisis? | Counting the Cost
It diversified energy supplies, built LNG terminals and reduced its dependence on Russia.
Europe thought it had learned its lesson after the war in Ukraine.
But today it’s facing another energy shock.
And this time it may be even worse, as the war in Iran disrupts supply through the Strait of Hormuz.
It’s happening when EU gas reserves are unusually low.
That means Europe will be competing with Asia to fill its storage tanks, which might force the price of LNG even higher.
Electricity bills are climbing.
Industry is under pressure.
Governments are stepping in to cushion the blow.
#Europe #energycrisis #business #economiccrisis #economy #LNG #gcc #russia #ukraine #straitofhormuz #gasprices #asia #iranwar #iran #israel
26 Comments
Thak gaye israel ki sena ab iran ke paas achha moka hai badla lene ka
hope so 🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏❤❤❤❤❤❤❤❤❤❤❤❤🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣
Taiwan stops semiconductor production after Strait of Hormuz be closed
European Union crazy totally because they want war 😅 don't care people who's working hard 😂😂 just getting money from country people and giving in war 🎉🎉🎉
Trump orders more military troops for ground invasion Iran
EU have a price problem , under 2.5 euro /l can’t be profitable to extract oil from EU .
Middle East is going into economic recessions
Europe will remain the garden and the rest of the world a jungle 😂😂😂
For shake of Blooming democracy , Europe can bear it happily
Not enough crude oil and not enough refinery. Hard or impossible to build oil fields and refinery in short term, also not profitable.
Von der Leyen holds so much power but nobody has ever voted for her
Europe was quick to jump on the warmongering Russophobia propaganda bandwagon. They made their bed.
🤔⛽🇺🇸🇮🇱💰👎🇵🇸👨👩👧👦💞⚖️☪️🥣🌾🌞🌚🌏🌍🌎👣💰
Is there a problem with the 2 wars that they ordered?
Russia should give them a Hard NO
The only solution would be to remove ALL current European leaders and get some real leadership in the EU who work for the people and not US & corporations
EU created the Monsters by never holding them accountable for the atrocities they committed. Time to pay the piper.
Will on my openion,must gathering all prisedent to agree everyone to stop the war.Make them peace each other , so no more crisis happen.❤
In Allah welling .
RUSSIA ENEMY.USA ENEMY.MIDDLE.EAST.ON FIRE.WE EUROPEANS WILL HAVE TO GET BACK ON HORSES 🎉
Eropa menjilat pantat nya putin 😂😂
Hahahaa… Kenaoa orang tua ini baru sadar hari ini, sangat berbahaya jika orang tua ini memimpin uni eropa.
Kaja Kallas gave her husbands company half million eur loan to fund his business with russia. Same time Kallas was saying that everyone needs to stop doing business with russia. she can in no way be trusted.
No one to blame, but the USA. Think USA most likely blew up Nordstream-2 pipeline (at least that's what I believe until I see overwhelming prove against this), now they launch attack on Iran.
Switching the energy dependency from Russian pipeline gas with the shipped LNG from US, on behalf of higher morality.- what an idiopathic decision. Maybe a deeper US persuasion for a proxy war.
Van der Leynen meets a decision not for it's benefit but for :"how much would this harm Russia", making impossible any pragmatic solutions.
The European Commission is largely responsible for the energy crisis in the EU countries. It has endemic russophobia, and is pouring money into Ukraine (not our war, again it is a clash between US and Russia). Ukraine has 8 corruption cases running against high officials of the government. Cases the Ukrainian authorities are investigating, it's not a Russia invention. And VDL (with corruption cases running against her, see Pfeizergate) wants to give Ukraine an extra 90 million which will be paid by us. The European Commission insistence raises the question of corruption again.
Buy Russian🇷🇺Oil and Gas .
Abandon Zionist and Corrupt Ukraine.
Stop Recognising Israel Right to Exist .
UE politician under Von Der Leyen is. not a forward thinking, she is a woke bureaucrat. What has she acheive???