While European states are trying to move away from energy sources from Russia and provide adequate supplies for the winter, their will to survive the winter heat now largely depends on Asian countries. writes about him Bloomberg.
The agency states that Japan, South Korea and China are among the world’s largest importers of liquefied natural gas and coal. According to Bloomberg columnist Abhishek Rohatgi, with the start of the heating season, these Asian countries share the peak in energy demand with Europe, and any drop in temperature will cause a fierce struggle for fuel.
“In many ways, the heating situation in Europe will depend on the weather on the other side of the world. If Russia’s supplies to Europe remain low, a colder-than-normal winter could cause prices to rise.
Previously Politico, Europeans fun The last summer heat before the real “Russian winter” comes, against the backdrop of rising energy and food prices.
Source: Gazeta
Barbara Dickson is a seasoned writer for “Social Bites”. She keeps readers informed on the latest news and trends, providing in-depth coverage and analysis on a variety of topics.