Essential Geopolitics: Europes Energy Crisis, How Bad Will it Get?

In this episode of RANE's Essential Geopolitics podcast, Emily Donahue speaks to RANE's Europe analyst, Matteo Ilardo. Energy prices in Europe have skyrocketed over the past months-- driven by the war in Ukraine. They will remain high, and get higher as that continues. You see, Russian natural gas is critical for producing electricity, heating homes, and powering industry in Europe. As Russia has reduced the flow to Europe, there’s plenty of uncertainty about the upcoming winter.

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