US EditionThe Economic Damage Caused By This War Will Stretch To The End Of The Decade, And Shortages Will Go Way Beyond Oil, Gas And Fertilizer
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The current war against Iran, waged far too long by the dictatorially behaving presidents Trump and Netanyahu, is a catastrophe in terms of both global trade and climate policy, and once again highlights Europe's enormous problem with its oil and gas dependency. It is therefore high time to introduce long-overdue, fuel-saving speed limits of 80/100 km/h for state roads and highways in a cost-effective manner. That our traffic
(Dan Tri Newspaper) - Oil is just the tip of the iceberg. The disruption at Hormuz is exposing catastrophic risks to underwater cable systems, technology supply chains, and marine insurance networks.
The Economic Damage Caused By This War Will Stretch To The End Of The Decade, And Shortages Will Go Way Beyond Oil, Gas And Fertilizer
Even if the Strait of Hormuz opened tomorrow, and that is certainly not going to happen, we are being warned that the economic impact of this war will be felt all the way through the end of this decade. A lot of energy infrastructure has already been destroyed during this war, and it will take years to rebuild it. And the crop losses that we will experience in 2026 due to a lack of fertilizer will be felt long into 2027. But the shortages that w…
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