EconomyExpert predicts prolonged energy crisis for West, identifies most vulnerable sectors

Economist Vasily Koltashov says Western countries have entered an acute energy crisis and that the worst economic deterioration is still ahead. Automotive, petrochemical, metallurgy and fertilizer industries could be hit first. He argues that higher interest rates may restrain oil-price growth only by shrinking Western economies and manufacturing, while worsening the industrial downturn.

Western economiesenergy crisisindustryinterest rates

TTASS★★★☆☆2026-09-21 18:22Original