Economic TimesLean R·
Europe braces for the bitterest of winters
LONDON: Europe is heading into winter with alarmingly fragile energy supplies as the conflicts in the Middle East and Russia tighten global markets for liquefied natural gas and heating oil, pushing inventories to dangerously low levels.Natural gas and heating oil are Europe's primary sources of residential heating, with gas accounting for around 30% of household heating demand and oil accounting for roughly 10%, according to official data. After successive years of energy shocks, Europe loo…
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