We know what’s coming and we are prepared.
✈️ 🇪🇺 🛢 As airlines ground planes and officials urge citizens to cut back on their commutes, Europe’s effort to prevent shortages caused by the Iran war is running into an unexpected hitch:
Europe doesn’t know how much fuel it has
The scramble comes as the war in Iran drives up Europe’s fossil fuel bill and threatens to choke off supplies moving through the Strait of Hormuz, a key artery for oil and gas. European Commission President Ursula von der Leyen said Wednesday that the conflict is costing the EU nearly €500 million a day in higher energy costs, even as U.S. President Donald Trump has ordered his aides to prepare for a prolonged blockade of Iran that could further disrupt global energy markets.
“In Europe, we have visibility and commitments into May and June … what happens beyond is hard to forecast,” Tobias Meyer, chief executive of DHL Group, said during a press breakfast attended by POLITICO earlier this month. “There are strategic reserves, but there's not much visibility on how much has been drawn.”
At a high-level summit last month, ministers from Belgium, the Netherlands and Spain called attention to these knowledge gaps, urging the EU to coordinate more real-time monitoring and analysis, particularly around refined products, according to minutes seen by POLITICO. Greece's delegate went so far as to ask the Commission to set up a WhatsApp or Signal channel between member countries and the EU executive.
Tracking jet fuel stocks — held primarily in fixed-roof tanks — is “much more difficult,” Falakshahi said. Data on the fuel is drawn largely from voluntary disclosures by companies, and the lack of transparency is consistent with ongoing disagreements over how much fuel Europe has left.
Miatta Fanbulleh is Liberian.
She is now in charge of Britain's Energy Security.
Meanwhile this is what Liberia looks like:
Beaches covered in excrement.
No waste management.
Absolute filth.
THE COST OF THE AMERICAN DREAM HAS EXPLODED.
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Owning a home.
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Buying groceries.
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Driving to work.
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Paying insurance.
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Even your morning coffee.
Nearly every major household expense costs dramatically more than it did just a few years ago.
Over the last 7 years:
• Coffee: +127%
• Home prices: +60%
• Auto insurance: +51%
• Gasoline: +49%
• Electricity: +44%
• Shelter: +35%
• Groceries: +33%
And that's before paying for healthcare, transportation, or eating out.
This is why so many families feel like they're falling behind even when they get a raise.
The biggest financial problem for millions of Americans is that everything is going up at the same time, while the government keeps showing a 2% inflation target.
🄳🄾🄾🄼🄿🤖🅂🅃🄸🄽🄶
Biohacker Bryan Johnson claimed he cloned himself as a newborn for the purpose of providing him blood and cells.
