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Worst of Europe’s Energy Crisis May Be Yet To Come ...Middle East
In December, the International Energy Agency warned that Europe could face a gas shortage this year despite its successful efforts to fill up storage for winter 2022-23. Now, more voices are joining the warnings as reality sets in, and it is not a reality that one can easily brush aside. For starters, much of Europe’s success in keeping the lights on so far this winter has been the result of milder-than-usual weather. October and half of November were particularly warm, which made reducing gas consumption across the European Union—a…
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