“Europe can live without Russian oil and coal reserves, but significant logistical issues will have to be addressed to mitigate the impact of such a scenario,” said Simone Tagliapietra, a researcher at Bruegel and one of the authors of the study. “International coordination, namely between Europe, the United States and major oil and coal-producing countries, will be crucial to ensure orderly management of the situation.”


This post Europe can endure painful transition to life without Russian oil was original published at “https://www.bloombergquint.com/onweb/europe-can-endure-painful-transition-to-live-without-russian-oil”

LEAVE A REPLY

Please enter your comment!
Please enter your name here