
Shell CEO Warns Europe Faces Impending Energy Shortages Amid Strait of Hormuz Chaos
The CEO of Shell has warned that Europe could face significant energy shortages as early as next month, with the situation exacerbated by deepening chaos in the Strait of Hormuz. UK drivers have already incurred substantial additional costs for fuel since the conflict in Iran began.
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Europe facing energy shortages by next month as Strait of Hormuz chaos deepens, warns Shell boss
UK drivers have already paid an extra £307m for petrol and diesel since the war in Iran began
By Harriette Boucher
Read full article →Strait of Hormuz blockade brings energy crisis to Europe
European Commission working on new incentives, price monitoring mechanisms under the Citizens' Energy Package
By Anadolu Agency
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