The European Union has advised citizens to reduce their travel as a preparatory measure for anticipated prolonged energy shortages, which are expected to be exacerbated by a closure of the Strait of Hormuz.
According to JP Morgan’s projections, the final oil shipments preceding such a closure are set to occur in the immediate future.
The current energy crisis is evident in several critical areas: Dutch gas storage facilities are at a historic low of 5.8%, EU fishing fleets are being docked due to the prohibitive cost of diesel, and essential supply chains for goods like fertilizers, animal feed, plastics, and pharmaceuticals are experiencing disruptions. This situation transcends a mere price surge, presenting itself as a widespread crisis. The unfolding events were predictable, and the “solutions” being implemented appear to have been pre-planned by technocratic circles.
It is advisable to focus on growing your own food and strengthening local resilience while the opportunity still exists.