Nigeria’s giant oil refinery runs flat out, keeps Europe fuelled
Middle East oil-product supplies have cratered since the start of the war, choking off vital diesel and jet fuel shipments to Europe, and Dangote has stepped in to help fill the gap.
BRUSSELS — Two years after Mario Draghi warned Europe faced an "existential" threat from economic decline, his plan to boost competitiveness remains stalled amid the EU's political landscape. The Commission's proposed measures, from an overhaul of industrial policy to new funding for competitiveness and defense, have been met with resistance from national governments. While Draghi's frustrations have grown, the EU's political reality continues to prioritize spending priorities and policymaking turf.
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