Energy crunch hits global recovery as winter approaches
The world is facing energy crunch, as countries use more energy as they rebound from the coronavirus pandemic, straining gas, oil and other fuel supplies.
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The world is facing energy crunch, as countries use more energy as they rebound from the coronavirus pandemic, straining gas, oil and other fuel supplies.
Power shortages are turning out streetlights and shutting down factories in China. The poor in Brazil are choosing between paying for food or electricity. German corn and wheat farmers can't find fertilizer made from natural gas. And fears are rising that Europe will have to ration electricity if it's a cold winter.
The world is gripped by an energy crunch — a fierce squeeze on some of the key markets for natural gas, oil and other fuels that keep the global economy running and the lights and heat on in homes.
Power shortages are turning out streetlights and shutting down factories in China. The...
Power shortages are turning out streetlights and shutting down factories in China. The poor in Brazil are choosing between paying for food or electricity. German corn and wheat farmers can't find fertilizer, made using natural gas. And fears are rising that Europe will have to ration electricity if it's a cold winter.