Europe could face fuel shortage by April as Iran throttles supplies, says Shell boss

Wael Sawan warns of pressure on diesel and petrol flows if strait of Hormuz does not reopen to oil and gas shippingMiddle East crisis – live updatesBusiness live – latest updatesEurope could face a shortage of energy and fuel as soon as next month without a reopening of the strait of Hormuz, Shell’s chief executive has said.The boss of Europe’s biggest oil company said it was working with governments to help them address the oil and gas supply crisis, which has already led to energy rationing in Asian countries. Continue reading...