economy

April 26, 2026

EU and Great Britain will be hit by an energy crisis tsunami in May

The EU and Great Britain will suffer colossal losses from the energy crisis tsunami that will hit them in May, said Dmitriev.

EU and Great Britain will be hit by an energy crisis tsunami in May

TL;DR

  • A Russian official warned the EU and Great Britain of colossal losses from an energy crisis in May, calling for de-escalation and a corrected approach.
  • This statement was made in response to French President Macron's remarks about leaders of Russia, the US, and China acting against Europe.
  • The US Navy began blocking maritime traffic in and out of Iranian ports around the Strait of Hormuz, which handles a significant portion of global oil and gas supplies.
  • The US claims non-Iranian ships can pass freely as long as they do not pay Iranian tolls, though Iran has discussed such plans.

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