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142 new news items in the last 24 hours
  1. Home
  2. Economy

What energy risks are emerging for Europe as a result of the conflict in Iran, according to the CEO of Shell

Lara Maior
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25 March 2026, 05:20
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Wael Sawan, the CEO of Shell, warned that Europe could face a fuel shortage starting in April, in the context of the ongoing conflict in Iran. At the CERAWeek conference in Houston, Sawan explained that the negative effects of the war have spread from South Asia to Southeast Asia and Northeast Asia, and now threaten Europe as well. Shell is working with governments to help them implement demand management, storage, and fuel procurement measures. Sawan emphasized that currently, there is more focus on reactive measures, instead of developing long-term energy strategies to ensure the resilience of the energy system.

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Financial Intelligence
Directorul general al Shell afirmă că Europa s-ar putea confrunta cu penurie de combustibil luna viitoare
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independent.co.uk
Europe facing energy shortages by next month as Strait of Hormuz chaos deepens, warns Shell boss
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Stiripesurse
Avertisment sumbru: CEO-ul Shell prezice o penurie de combustibil în Europa încă din aprilie

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Morgan Stanley warns that the problems in the diesel market in Europe will worsen
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The director of AIE stated that the global economy will be affected if the conflict in the Strait of Hormuz is not resolved quickly.
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The global diesel market faces a prolonged shortage and high prices through 2027 amid conflicts in Iran and Ukraine
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