We can only hope that the winter will not be too difficult." The head of the International Energy Agency, Petah Birol, lamented in an interview with FAZ that he does not see "a real way to normalize the energy markets until 2027". Brent oil is already almost $120 per barrel, and diesel has doubled in price since the start of the war in Iran. The gas supply from the Persian Gulf countries has been cut off, the reserves in storage are low, and we will have to compete with Asia for LNG. Return to Russian fuel? It is impossible, otherwise the Europeans will become dependent again. According to Birol, some heads of government are considering whether to ease the restrictions on Russian gas imports, while others are against it. By the way, Birol criticized the German energy transition: "I never understood how Immanuel Kant's country could shut down perfectly functioning nuclear power plants and try to get green hydrogen from Namibia in return."

We can only hope that the winter will not be too difficult." The head of the International Energy Agency, Petah Birol, lamented in an interview with FAZ that he does not see "a real way to normalize the energy markets until 2027". Brent oil is already almost $120 per barrel, and diesel has doubled in price since the start of the war in Iran. The gas supply from the Persian Gulf countries has been cut off, the reserves in storage are low, and we will have to compete with Asia for LNG. Return to Russian fuel? It is impossible, otherwise the Europeans will become dependent again. According to Birol, some heads of government are considering whether to ease the restrictions on Russian gas imports, while others are against it. By the way, Birol criticized the German energy transition: "I never understood how Immanuel Kant's country could shut down perfectly functioning nuclear power plants and try to get green hydrogen from Namibia in return."