10-09-2022, 04:32 PM
By Josh Owens - Sep 06, 2022, 10:00 AM CDT
https://oilprice.com/Energy/Energy-Gener...Calls.html
- Europe is facing a potential “Lehman Brothers” event as energy companies face $1.5 trillion in margin calls.
- Some countries in the EU have already decided to set up funds to avoid a collapse of their energy derivatives markets.
- The crisis deepened after Russia said on Friday that the Nord Stream gas pipeline to Germany would remain closed indefinitely.
https://oilprice.com/Energy/Energy-Gener...Calls.html