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Issue 652 12•August•2022 Week 32
UK blackout risk
As a leadership contest wages on, Whitehall is preparing for a steep increase in UK energy bills and potential winter blackouts.
Europe’s tightrope
The European energy system faces a tightrope this winter, amid uncertaintyabout Russian supply, LNG deliveries and the weather.
Druzhba cuts
Russia cut oil pipeline flow via the Druzhba pipeline over what it claims is a sanctions-related issue over transit payments with Ukraine.
Germany’s €260bn hit
Germany stands to shed €260bn of value to its economy because of the war and the energy crisis, according to a recent study.
