Global Energy Crisis

A significant disruption in the energy markets is unfolding, affecting oil, natural gas, and coal. This crisis is reminiscent of the 1970s, marked by tight markets and a global geopolitical crisis, but it also involves a complex interplay of factors beyond just Russia's aggression in Ukraine. The current situation is not only exacerbated by geopolitical tensions but also shaped by broader economic dynamics stemming from the post-COVID recovery. The world will inevitably emerge changed from this crisis, just as it has in the past.