
Ijaz Awan
1.8K posts

Ijaz Awan
@ijazawan56
A soldier, former High commissioner ,Commander UN peacekeeping Mission, Golfer and Defence analyst




🇪🇺 The EU's own Energy Commissioner on the Iran war energy crisis: "Even in the BEST case scenarios, it's not a very good case.” You see, even if the Iran war ended TODAY, Europe's energy crisis could last YEARS. That’s because the damage to global energy infrastructure isn’t some tap that turns back on when the fighting stops. Supply chains that have been rerouted take years to normalize, and investment that has fled the region will not return overnight. In the short-term, Europe is heading into summer facing jet fuel shortages that are already grounding routes. After jet fuel, the next concern becomes diesel. And the commissioner is not offering reassurances, he is offering a spectrum between bad… and catastrophic. The worst case scenario in his own words: "a totally new world order and very, very severe economic consequences that go far beyond only the energy sector.” A deal may happen or may not, but the energy bill for this war is already being written and Europe is going to be paying it long after the guns go silent. Source: CNN















