Part 1/10:
Europe’s Escalating Energy Crisis: A Deep Dive into the Challenges Ahead
After the onset of Russia's invasion of Ukraine in early 2022, Europe initially managed the expected energy shock surprisingly well. Despite a surge in prices, energy reserves did not dwindle as feared, and nations were able to secure alternative fuel sources to replace inexpensive Russian gas. However, as winter approaches in 2023, the energy landscape in Europe is beginning to look dire once again, with prices rising steeply and gas reserves depleting faster than anticipated.