Shell CEO Wael Sawan speaks at the panel dicscussion during the Abu Dhabi International Petroleum Exhibition and Conference held at ADNEC Exhibition Center on Oct. 2, 2023. Ryan Lim/AFP via Getty Images
Shell CEO Wael Sawan said on March 24 that a fuel crunch already hitting parts of Asia could spread to Europe as early as next month amid continued disruption from the Middle East conflict.
Speaking at CERAWeek by S&P Global, a major energy conference in Houston, Sawan said European governments may need to curb energy demand to prevent shortages, according to the UK newspaper The Telegraph.
