Europe is feeling the pain out of its own making after blindly following US to sanction Russia after Putin announced special military operation in Ukraine in late February this year.
Europe especially Germany depended on cheap Russian gas to build its modern industries which helped to sustain great economic growth and development in Europe and also gave Europe great influence around the world but these are all under threat due to sanctions against Russia which has reduced gas supply to Europe and Germany in particular leading to closure of many factories.
Over the past 10 days, the price of gas in Europe has settled at a level above $3000 per thousand cubic meters as OPEC announced that oil prices will increase in the future and Europe needs to be prepared.
Due to sanctions against Russia, gas consumption is reducing in Europe, many enterprises are closing down and the out put of products are decreasing by the day.
The sanctions and high prices have greatly affected the production of fertilizers since gas takes a significant part of which Russia is a big player internationally. The limited fertilizer supply will affect the production of food in Europe hence high food prices in coming few months and years.
Europe may run out of food in coming months and years due to lack of ammonia gas which is a big portion of fertilizers used in agriculture.
Europe will face a disaster if it can’t get access to fertilizers in future as US will likely be producing for home production and Russia will be unwilling to help due to sanctions.
Sanction war against Russia hasn’t only affected agriculture but all sorts of things connected to daily life of people in Europe. Many reports have shown how many cities in Europe are under darkness due to limited gas supplies.
Winter is coming and things may get worse as millions of people a cross Europe may not afford gas for heating due to high prices hence freezing to death while some will have to decide on whether to buy food or gas for heating.
Reports coming out of Europe also indicated that people in Germany are going back to collecting firewood for burning during winter which has surprised many people since Germany is an advanced industrial country which had been advocating for clean energy around the world.