Get Ready for an Energy Crisis!

An energy crisis caused by the Russian invasion of Ukraine is devastating the European economy. There is a global shortage of diesel, the go-to fuel source for the trains, trucks, and ships that support economic activity around the world. And greenhouse gas emissions are rising as households, governments, and businesses scramble for affordable, yet dirtier, sources of energy. Rabobank’s energy strategist Joe DeLaura and head of FX strategy Jane Foley join us to explain how we arrived at this crisis and why it might take a decade to address the underlying causes.