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European natural gas futures suddenly plunged by 20%. Have their energy problems been solved?
No solution, there is no better way for the time being. However, the EU has begun to obtain energy from various sources, but the effect seems to be not very satisfactory. European benchmark natural gas futures prices once plummeted by 20%, which caught traders off guard. Prior to this, the price of natural gas in Europe continued to rise, and it was not uncommon for the price to increase by more than 10% in a single day, constantly setting a new record high.

However, the energy supply of many European residents is still insufficient. Now we can only solve the short-term energy demand. Most of the EU's energy is purchased from Russia, and now the Russian-Ukrainian war is still going on, plus because of the last economic sanctions. Russia has suspended the sale of energy to some European countries. In this case, even if the EU borrows resources from other countries, it can only make up for the temporary vacancy.

Geographically speaking, Russia is closest to the European Union, so all kinds of energy transmission is also the most convenient. Other continents are also very rich in energy. But there is a saying that far water can't put out a near fire. This year's extreme weather has made many waterway transportation in Europe impossible. This also brings great uncertainty to the energy conveyor belt. Coupled with the economic crisis, inflation and repeated outbreaks, these are all important reasons that affect the world economy. In this case, the whole world is facing an energy crisis. Will everyone reduce energy exports in the later period? It's still unknown.

Therefore, according to the above situation, it can be determined. Although the natural gas in Europe has plummeted, it doesn't mean that their energy is already very sufficient, nor does it mean that their current energy is enough to get them through this winter, because the unknown in the future is still uncertain, and the demand for energy in Europe is very large. Many countries in Europe are industrial countries, and their demand for energy is among the best in the world. This situation is only a temporary economic recovery. There are unknowns ahead, and no one can predict the final result.