A surge in oil prices, early signs of supply strain, and a flood of viral claims about an 'energy lockdown' have pushed a once-fringe idea into the mainstream.
However, while the global energy system is under real stress, there is no coordinated plan to impose COVID-style restrictions. What is unfolding instead is a fast-moving supply shock with tangible consequences that are already being felt across fuel markets, industrial production, and household costs.
.png?w=600)
