economy
April 3, 2026
TOTAL ENERGY COLLAPSE IN SIGHT! Brussels Shocks Europe: Gas and Oil Prices Skyrocket Endlessly, Citizens...
The crisis will last for years
TL;DR
- Europe should prepare for a long period of reduced energy supplies.
- Energy prices are expected to remain high for an extended duration.
- The situation could worsen in the coming weeks, particularly for key energy products.
- The tone among European officials regarding the energy crisis is more serious than in previous crises.
- Energy prices for oil and gas will not return to pre-Middle East conflict levels anytime soon.
- The first 30 days of the conflict have cost the EU an additional 14 billion euros for energy imports.