Shell CEO Warns Europe of Imminent Fuel Shortages and Rationing by April Amid Iran War
Shell CEO Wael Sawan has reiterated warnings that Europe could face fuel shortages and rationing as early as April due to the deepening crisis in the Middle East and the potential impact of the Iran war on the Strait of Hormuz.
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Europe could face Iran war fuel rationing by April, warns Shell boss
Wael Sawan says energy shortages on way if strait of Hormuz does not reopen to oil and gas shipping Europe could face energy shortages and fuel rationing as soon as next month without a reopening of the strait of Hormuz, Shell’s chief executive has warned. The boss of Europe’s biggest oil company said it was working with governments to help them address the oil and gas supply crisis, which has already led to energy rationing in Asian countries. Continue reading...
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