Oil Price.com | October 27, 2023
The European Union held an emergency meeting on Friday to discuss the potential for diesel supply shocks stemming from the conflict between Israel and Hamas.
The EU Commissioner for Energy Kadri Simson called an emergency meeting on Friday to discuss the potential issues should there be a diesel supply outage, like strikes and long truck queues waiting for diesel.
“Oil is important. Not enough diesel could lead to strikes,” one European Union official told Reuters. “Is this a 1973 moment or not?”
The euro union official asks the right question that repeats the wrong answer of ‘what ever it takes to ‘limit’ oil usage’.