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War Duration Holds Key to Energy Crisis, Says Citadel’s Griffin

  • Crisis to intensify if war not resolved by spring: Griffin
  • Economic toll may force Europe to rethink support for Ukraine
Bloomberg business news
WATCH: Ken Griffin, Founder and Chief Executive Officer of Citadel, speaks at the 2022 Bloomberg New Economy Forum in Singapore.Source: Bloomberg

Citadel’s billionaire founder Ken Griffin said Europe’s energy crisis could get even worse next winter if the war in Ukraine doesn’t soon resolve.

“The war in Ukraine is driving an energy crisis in Europe that is almost incomprehensible,” Griffin said at the Bloomberg New Economy Forum in Singapore on Tuesday. “If this war doesn’t resolve by this spring, next winter could be a much more difficult journey.”