Will High Oil Prices Restart Europe’s Energy Crisis?

Sign up to Imprint (with a 7-day free trial and 20% off an annual plan): https://imprintapp.com/tldr Oil is probably the most important commodity in the world, and the demand for it explains much of today’s geopolitical landscape. With the recent price increase of oil though, analysts have begun to wonder whether another recession could be on the cards for Europe. 🎞 TikTok: https://www.tiktok.com/@tldrnews 💡 Got a Topic Suggestion? - https://forms.gle/mahEFmsW1yGTNEYXA Support TLDR on Patreon: http://www.patreon.com/tldrnews Donate by PayPal: https://tldrnews.co.uk/funding Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought. TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks! 1 - https://twitter.com/StephaneDeo/status/1673966053808824321/photo/1 2 - https://tradingeconomics.com/saudi-arabia/crude-oil-production 3 - https://www.nytimes.com/2023/06/07/business/energy-environment/saudi-arabia-russia-oil-opec-plus.html 4 - https://www.reuters.com/business/energy/saudi-arabia-extends-voluntary-oil-output-cut-1-mln-bpd-end-2023-2023-09-05/ 5 - https://www.rte.ie/news/business/2023/0731/1397393-euro-zone-economy/ 6 - https://www.cfr.org/blog/ireland-really-shouldnt-be-driving-details-euro-areas-gdp-data 7 - https://www.bruegel.org/dataset/european-natural-gas-imports 8 - https://www.bruegel.org/dataset/european-natural-gas-imports 9 - https://tradingeconomics.com/commodity/uranium 00:00 - Introduction 00:54 - Why Are Oil Prices Rising? 04:12 - Why Europe is Worried 07:47 - Sponsored Content ... Read More


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