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"We're On Borrowed Time": Vitol LNG Chief Warns Of Coming Food Price Shock

"We're On Borrowed Time": Vitol LNG Chief Warns Of Coming Food Price Shock Pablo Galante Escobar, the head of liquefied natural gas (LNG) at Vitol, warned the audience at the FT Commodities Summit earlier today that the "world is on borrowed time" and that the Gulf energy shock will develop into a food crisis unless LNG flows resume through the Hormuz chokepoint. "We are on borrowed time. Every day this trade remains closed and every day production does not come back, we are building a problem for the future, and...
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Mar 30, 2026 / Tyler Durden
Iran Alleges Series Of 'False Flags' - Including On Kuwait Water Plant - Designed To Perpetuate War
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Feb 14, 2026 / Tyler Durden
In Latest Blow To Free Speech, German Courts Could Issue "Speaking Ban" Against Top AfD Politician
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May 22, 2026 / Tyler Durden
From ISIS To Finance Bro: Syria's Sharaa To Attend G7 Summit In France
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