Europe energy crisis

Polish oil pipe hit by leak as E.U. ministers tackle energy crisis

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Polish oil pipe hit by leak as E.U. ministers tackle energy crisis

A leak on a pipeline carrying oil from Russia to Europe added to concerns about energy security on Wednesday, while European Union Ministers worked on proposals to address the fuel crisis facing the continent heading into winter. Poland said the leak in one of the Druzhba pipelines on the main route for oil to Germany … Read more

Data | Energy inflation in Europe peaks at 40% as Russia squeezes oil supply

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Data | Energy inflation in Europe peaks at 40% as Russia squeezes oil supply

Despite high dependence on Russian oil, supply to most European countries has taken a hit Despite high dependence on Russian oil, supply to most European countries has taken a hit In the seven months following Russia’s invasion of Ukraine, the tables have turned. Initially, major financial and commercial sanctions were imposed on Russia by the … Read more