Business & Finance
Europe’s Tough Choices to Avert a Gas Supply Crunch This Winter
Key Points
Europe’s Tough Choices to Avert a Gas Supply Crunch This Winter The region could pay up to secure more fuel or curtail its consumption. Neither is an attractive option.
Europe’s Tough Choices to Avert a Gas Supply Crunch This Winter
The region could pay up to secure more fuel or curtail its consumption. Neither is an attractive option.
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Welcome to our guide to the commodities driving the global economy. Today, reporter Priscila Azevedo Rocha takes stock of Europe’s gas supply outlook as prices remain more than double what they were before the Iran war.
Europe has known for months that it will enter winter with far less gas in storage than usual. Now that the heating season is underway, the question is: How will the region avoid a severe supply crunch if it gets really cold?