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Suddenly we are in the middle of a global energy crisis. What happened?

  • Written by Lurion De Mello, Senior Lecturer in Finance, Macquarie University

Far from emerging from the COVID shock awash with fuel, as might be expected after an economic slowdown, the world is entering a new energy crisis the like of which hasn’t been seen since the 1970s.

European and Asian gas prices are at an all-time high, the oil price is at a three-year high, and the price of coal is soaring on the back of...

Read more: Suddenly we are in the middle of a global energy crisis. What happened?

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