Worldwide, almost 9 million oil barrels per day are short, and you will feel that extra in your wallet if this does not change in April

Europe must be much more economical with oil and gas, Brussels warns. The blockade of the Strait of Hormuz threatens a global shortage. But how big is the shortage currently? And what can we expect from price increases if it is not resolved quickly? “In this case we are even talking about inflation doubling at the end of April.”

ttn-3