Mar 19 • 13:30 UTC 🇨🇿 Czechia Deník N

We have not solved energy dependence. Now we are surprised again, says analyst Sklenář

Analyst Sklenář discusses the ongoing energy crisis, emphasizing the need for government action and the implications of sanctions against Russia.

In a recent interview, analyst Sklenář addresses the current energy crisis and the government's necessary responses. He argues that now is not the right time to lift sanctions against Russia, as doing so could worsen the already precarious situation. The conversation highlights how the underlying causes of the crisis echo past trends, with a tight supply-demand balance leading to spiraling prices. Reports indicate that shipping tankers are rerouting to find customers willing to pay higher prices, underscoring Europe's struggle against competing demands from Asia and other importers.

Sklenář reflects on the lessons learned from the previous energy crisis that predates the current geopolitical tensions. He emphasizes that while the world may seem caught off guard by the renewed crisis, many of the factors are rooted in prior economic patterns exacerbated by the pandemic and subsequent recovery. The tight market conditions mean Europe faces continued pressure and must navigate its energy needs carefully amid global competition.

Ultimately, Sklenář's comments serve as a reminder of the interdependence of global energy markets, where even minor supply fluctuations can lead to significant price hikes. He suggests that policy makers must act decisively to stabilize the energy market and avoid repeating past mistakes, especially as the impact of the crisis resonates across various sectors of the economy.

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