Swiss Railways train in Zurich Station
WHERE ARE WE NOW ALMOST 4 MONTHS INTO THE SO-CALLED “ENERGY CRISIS” ?
Since the start of the conflict in the Gulf in early March, the strait of Hormuz in the Persian Gulf has been blocked to virtually all shipping. This has stopped around 20% of the world’s oil supply from being exported from the Gulf. As we all know, this has caused a sharp rise cost of petrol, diesel and kerosene. Even if there is now a provisional resolution of the conflict, the cost of fuel is unlikely to fall to “pre-war” levels anytime soon. What this all means is that the economics have begun to work in favour of rail travel which is less affected by sudden increases in fuel costs. The majority of the European main lines are electrified using
