The global consequences of the war in Ukraine are becoming more and more concrete. In Germany, for example, major Shell customers are directly affected.
Due to the tense market situation, the Shell oil company has initially restricted the sale of heating oil, diesel and other products to some major customers in Germany.
This emerges from a letter from Shell Germany on Monday, which is available to the German Press Agency. The reason given is “massive distortions and shortages on the energy markets” as a result of the outbreak of war in Ukraine, the subsequent sanctions and the economic recovery after the pandemic lull. First, the “Handelsblatt” reported about it.
In order to be able to continue to fulfill contractually agreed obligations, one restricts the so-called spot sale – i.e. the current sale of oil, diesel and other products without prior agreements. All levers are being set in motion “to stabilize the supply chains in the best possible way”, but it is difficult to predict how the situation will develop, it said. A spokeswoman for the company initially did not want to comment on the development when asked.
Source: Stern
Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.
