Vitol's Hardy on Global Energy

The video discusses the global energy crisis, exacerbated by the Ukraine war and sanctions on Russian oil. It highlights the tightness in the oil market due to underinvestment and COVID-related refinery shutdowns. The discussion covers the redirection of Russian oil to Asia and the challenges of sanctions. The video also explores energy security, the role of renewables, and future energy strategies, emphasizing the need for investment in sustainable solutions and energy storage to transition from hydrocarbons.

What are the challenges faced by Europe in securing energy supplies?

How are Western governments balancing energy security, affordability, and sustainability?

What future energy sources are being considered to replace hydrocarbons?