The economic warnings are bleak, but full extent of shortages are still not felt for many European countries The economic warnings are bleak, but full extent of shortages are still not felt for many European countries T he biggest energy shock in modern history, jet fuel shortages “within weeks” , a global recession – since Iran throttled shipping flows through the strait of Hormuz at the end of February the economic warnings have become increasingly dire. Yet 10 weeks on from the first US-