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Gas rationing by the Berlin government this winter could hit the German chemical industry and dent the global economy.
The U.K.’s rate of business failure has climbed far above pre-pandemic levels as economic uncertainty reigns.
A reported $1.5 trillion is tied up as collateral on energy markets. That’s making it hard for energy companies to operate.
Coal, natural gas and nuclear plants need water to make the steam that moves turbines, and as a cooling agent.