Energy Crises Europe

Energy crises is still here no one talking about anymore. After Russia-Ukraine War the energy crises began in Europe, cut supply of gas raised oil prices. The European-Union and other countries continuous sanctions on Russia. Oil prices is about to hit $120 a barrel and it will stay high for two years. Russian crude production 2 million barrels a day. In Europe, governments proposed subsidies and tax incentives to help people pay energy cost.

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