Shell boss warns of 'tough winter' with risk of higher prices and gas rationing

Ben van Beurden said there is no way to tell if the situation could escalate further.

Shell chief executive Ben van Beurden said governments should not wait until the last minute to prepare contingency plans.

Europe will face a tough winter with even higher energy costs, Shell chief executive has warned. 

“We will be facing a really tough winter in Europe,” said Ben van Beurden.