Is Europe’s energy crisis a silver lining for Reabold (LON: RBD)?
The crude oil market has been in turmoil since the beginning of the Russia-Ukraine conflict. Many European nations are highly dependent on Russian energy exports, and due to the war, they are planning to shift their imports from Russia to other global exporters.
The International Energy Agency (IEA) has warned that winters could be more chilling this year thanks to the ongoing energy crisis in Europe. Russia has started its retaliation against the sanctions by reducing the flow of natural gas from Nord Stream 1.
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https://kalkinemedia.com/uk/sponsored/is-europes-energy-crisis-a-silver-lining-for-reabold-lon-rbd
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