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Gas in Europe up 140%, diesel doubled, and an extra €100 billion on Europe's import bill (ec.europa.eu)

submitted 2 weeks ago by yogthos@lemmygrad.ml to c/europe@lemmygrad.ml

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[–] yogthos@lemmygrad.ml 0 points 2 weeks ago

Yeah, I can't see how this ends well for Europe. It seems pretty clear that Trump is forcing the Europeans to release the reserve to keep the situation relatively stable before the midterms. Once the real crunch comes though, the US will absolutely cap their exports and Europe will be left out to dry. And that's going to be right around winter time when the heating season starts. So, fun times ahead.

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