Europe Left WITHOUT DIESEL? How Sanctions Are KILLING EU Refining

Europe on the brink of a diesel crisis due to new sanctions against Russia. How did it happen that with an excess of refining capacity, the EU risks running out of fuel? We figure out why diesel prices are rising, and the EU economy is suffering from old refineries and the 'green' agenda. Find out about new schemes for the supply of petroleum products, where India and Turkey are changing the rules of the game. Volkswagen's falling profits and the future of the European car market: how will electrification affect everything? We will tell you more about the coming fuel shock and its consequences for the European Union in a new video by Geoenergy Info 0:00 Sanctions against Russia. Will Europe be left WITHOUT diesel? 0:58 EU Refining: Excess Capacity and Lost Profits 1:27 The Future of ICE Cars: Ban and No Oil Refinery Modernization 3:05 Consequences for the EU Economy: State Planning Mistakes 3:55 European Car Market: Internal Combustion Engine Ban and Development Lagging 4:13 EU Carmakers: Financial Blow to Volkswagen 5:14 Crisis in Europe: Decline of EU Car Market since 2010s 6:31 New Fuel Suppliers: Reorientation to India and Turkey 7:28 Sanctions against Russia: Ban on Oil Products from Russian Raw Materials 9:38 Brussels' Political Victories: The True Goals of Sanctions 10:19 Who Will Pay the Sanctions: Problems of European Consumers 11:28 TotalEnergies Pessimism: The Future of the Fuel Market 13:31 Effectiveness of Sanctions: Why No Specific Targets? 14:19 EU Strategy: How to Protect the European Consumer