Story perspectives
Energy Price Shocks: Aviation, Shipping, Chemicals Most Affected
3/17/2026
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Story summary
- ING's report identifies aviation, shipping, and chemicals as Europe’s most vulnerable industries to energy price shocks, noting these sectors use the most energy per output.
- Chemicals have shifted to less energy-intensive solutions.
- Shipping has become more energy-intensive due to longer routes and faster sailing.
- European chemicals stocks remain stable.
- Industrial transportation equities have risen about 0.3%.
