Demand Destruction: The Real Energy Crisis Hitting Europe and Japan (The Duran)

Time Stamps:

00:00:00 Strait of Hormuz closure and Iran's demands
00:00:54 Global shortages set to hit economies hard
00:01:19 Why Iran will not reopen Hormuz
00:02:32 US oil reserves drop below the safe limit
00:03:23 Europe's gas reserves are critically low
00:04:36 AI data centers fueling US gas demand
00:05:11 Diesel and aviation fuel shortages spread
00:07:15 Cost of living surge coming to Europe and Japan
00:08:15 Deindustrialization accelerates across Europe
00:09:29 Theory the crisis targets BRICS and China
00:12:40 Wealth transfer to the elite explained
00:16:35 Japan's energy dependence and lost opportunity
00:19:19 Putin visits the Kuril Islands
00:23:06 Vassals take the hit first for empire
00:24:58 History behind the Kuril Islands dispute

[Posted at the SpookyWeather2 blog, August 17, 2026.]