WION Fineprint: Europe faces energy crunch as a fallout of Russia-Ukraine war | Latest News

The impact of Russia's conflict in Ukraine on Europe was estimated at $1 trillion, and the worst crisis in decades is only getting started. After this winter, the area will have to replenish its gas supplies without many Russian deliveries, which will make it more difficult to find fuel tankers.

#Russia #Europe #WION

About Channel:

WION The World is One News, examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim to empower people to explore their world. With our Global headquarters in New Delhi, we bring you news on the hour, by the hour. We deliver information that is not biased. We are journalists who are neutral to the core and non-partisan when it comes to the politics of the world. People are tired of biased reportage and we stand for a globalised united world. So for us the World is truly One.

Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs as well as personal insults.

Connect with us on our social media handles:

Follow us on Google News for latest updates

[williamfarr]

And all this could have been avoided with Ukraine remaining neutral and political tact .

[antonmoric]

The European governments inflicted this suffering on their own citizens via the energy sanctions on Russia. And just who took out the Russians Nordstream II pipeline to force Germany to buy expensive US gas? The US, the UK or both.

[vg]

*Never mind, Zelensky's priorities are more important to the EU leadership than the needs of their own citizens.*

[mynameisjeff]

At least we can say that we are in a proxywar with Russia by supporting Ukraine.. that must be worth all this missery 😏

[louistan]

Ask the people at the EU Parliament and the European politicians. They don't feel it. They can afford luxurious food and keep warm thanks to their high salaries and perks and side-income living in their ivory towers.

[presekkk]

Environmentalists:- ok let's burn coal, because we were woke.

[dradia]

So basically EU is moving from being dependent on Russian gas to being dependent on another foreign country's gas .. 😄😄

[douglascooper]

The EU Residents didn't Realize that when their SoCalled Leaders said Net-Zero was the Goal, it Meant Zero Heat!!🤫

[istvanzsoltczego]

Europe's prosperity it's GONE together with the cheap energy from Russia!
And this is just the beginning LOL

[pfree]

All these could be avoided, but they chose not to!
So let them solve it!

[donnacabot]

Energ crunch. 😂😂😂😂. I bet ya walk around and find public places lit up like Xmas, pun intended, while people can’t even warm up their child’s canned dinner.

[nlorand]

At least Germany will be dependent on USA gas at a greater cost.

[jakejimstone]

It's a crisis for the average citizen, but for the corporations, the wars and high gas/oil prices are increasing their wealth exponentially.

[angeldust]

USA plays the games and EU pays the price! Hope people don't die in this crisis. After covid, they cant afford this. STOP zelenki madness

[Cookies]

Lockheed Martin is where UK Council Tax actually goes.

[miron]

There's no other cheap and easy possibility of acquiring oil and gas other than Russia. Better would be to accept Russia's demands settle down the war and resume necessary exchanges and trades with Russia. 😅

[gkbbkg]

Real challenge will be next year ... Europeans are forgetting that despite loading up with 95% of cheap Russian gas and fuels before winter and purchase of balance 5% from international market has pushed up inflation and made energy unaffordable for normal EU citizens and started deindustrialization of EU ... Guess what will happen next year when 100% gas and energy will have to be purchased by EU from the international markets

[johnkelly]

It makes no sense to switch to more expensive US and Qatari natural gas. Europe should not be involving itself in the power struggle between the US and Russia. The Ukrainians terrorized the ethnic Russians of the Donbas, rejected peace and provoked Russia into this war. (Not that Russia needs much provoking.)
Europe should leave NATO, become non-aligned, drop US sanctions against anybody, and resume imports of cheep Russian gas. The EU must prioritize the move to renewables. The crisis has once again exposed the irrationality of Brussel's monetary and fiscal restrictions.
The EU's foreign policy priorities should be to: (1) include Russia in a new European security architecture; (2) exclude the US and England from interference the European affairs; (3) forge ties with India, China, and Africa; (4) and help the people of the Southern Mediterranean littoral establish peace, stability and economic growth in their countries.

[ehisgeorge]

As you lay your bed, so you lie on it!

[denniskgatla]

Price cap on Russia, what were they expecting? Russia can't sell them oil at price cap