Mining

The energy crisis and Europe’s astonishing luck

Visitors to warsaw at this time of year do not usually bask in temperatures nearing 20°C. Bilbao tends to be frosty, not tropical, in January. But this winter is a strange one. Temperature records are being broken across Europe and energy prices are plummeting: the price of natural gas at the continent’s main hub has fallen to levels last seen before the war in Ukraine.

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