Europe Energy Crisis

The Russia-Ukraine war continues to haunt Europe. Europe Braces for Acute Diesel Shortage at the Worst Possible Time | Europe Energy Crisis. Europe is a net importer of diesel, jet fuel, and heating oil. Demand for diesel skyrocketed across Europe as high natural gas costs and a supply crunch pushed consumers to switch to diesel. Now, diesel inventories are running worryingly low. For Europe’s industry, which relies heavily on diesel now that natural gas is out of bounds for it, the situation is horrifying. Watch to know more.

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