Georg Zachmann

@gzachmann.bsky.social

4121 Followers 503 Following

senior fellow - energy & climate policy - @bruegel_org Scientific Lead - GreenDealUkraїna - @HZBde

Scatterplot showing that EU countries with higher price increases statistically saw more demand reduction, than EU countries with lower price increases
Map of Europe excluding Russia and Belarus, but including all other territories incl. European Turkey (Istanbul); plus Cyprus. Title: DGAP/IPQ: The Future Shape of Europe
Main message: Oil export revenues, even of some gulf countries (IRN, KSA) increased with the Hormuz closure. Figure showing changes in oil export volumes and revenues. It shows that US managed to increase exports, while exports of Gulf countries decreased - but (due to price increases) Russia, Iran and Saudi Arabia still benefited from the disruption.
Figure showing that Gallium price is at <2000 USD/kg; while global consumption is at less than 1000 t. Hence global value of consumed Gallium is less than 2 billion USD - or less than one permille of global oil consumption value.
BBC News article headline warning about potential jet fuel shortages in next six weeks