LONDON — It’s all starting to feel very 2022.
That year lives in infamy for Europe’s leaders, who remember its security implications after Russia’s full-scale invasion of Ukraine and — just as painfully — the energy supply and price shock that followed.
Prices spiked, supply fears stalked the continent, and governments were forced to spend hundreds of billions of euros on bailouts for households and industry.
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Now, with oil and gas prices surging once again — because of another war beyond Europe’s control — leaders are scrambling to find a response.
