With Hormuz shut, Norway urges EU to rethink Arctic oil ban (euobserver.com)
0xBASE INTEL BRIEF
- Norway pushes EU to reconsider Arctic oil and gas ban.
- Strait of Hormuz closure cited as driver.
- Analysts doubt significant improvement in energy security.
- Environmentalists warn of high ecological costs.
"Norway is pushing Brussels to reconsider its long-standing opposition to oil and gas development in the European Arctic, citing the closure of the Strait of Hormuz. Analysts and environmentalists doubt the move would significantly boost Europe's energy security, and warn of high environmental costs."
no comments yet.