Global energy crisis (2021-present)

worldwide crisis affected by shortage of energy supplies From Wikipedia, the free encyclopedia

on The 2021–2023 global energy crisis began in the aftermath of the COVID-19 pandemic in 2021, with much of the world facing shortages and increased prices in oil, gas and electricity markets.

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Natural gas prices in Europe and United States, 2018–July 2022
  National Balancing Point NBP (UK) natural gas prices
  Europe TTF natural gas prices
  United States Henry Hub natural gas prices

The crisis was caused by many factors, including the fast post-pandemic economic recovery and the Russian invasion of Ukraine. The price of natural gas reached record highs, and so did electricity in some markets.

Oil prices hit their highest level since 2008.[1]

References

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