Power squeeze curbs Chinese growth, leaves Europe in a gas bind

Capt. John

China’s power shortages hit growth in the world’s second biggest economy, threatening more pain for global supply chains, while Europe’s gas squeeze looked set to continue as Russia’s Gazprom showed no sign of hiking exports to the region in October. Coal, oil and gas prices have all rocketed higher in recent weeks hammering utilities and …

The post Power squeeze curbs Chinese growth, leaves Europe in a gas bind first appeared on Hellenic Shipping News Worldwide.

Author: Capt. John

https://www.hellenicshippingnews.com/power-squeeze-curbs-chinese-growth-leaves-europe-in-a-gas-bind/

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