European Energy Market Spooked By $1.5 Trillion Liquidity Crisis ...Middle East

Economy by : (OILPRICE) -
As Europe continues to grapple with a daunting energy crisis, European energy markets still face a liquidity disaster, with financial institution exposure to fossil fuels and record levels of margin calls sounding the alarm bells.  According to Norway’s Equinor ASA (NYSE: EQNR), European energy trading is under severe strain by margin calls of at least $1.5 trillion, putting extra pressure on governments to provide more liquidity buffers. Aside from fanning inflation, the energy crisis is sucking up capital to guarantee trades amid wild…

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