The global energy situation could deteriorate further as oil inventories decline and competition for supplies intensifies, Eni SpA’s Chief Executive Officer Claudio Descalzi told Italian daily Il Sole 24 Ore.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-07-11/eni-s-descalzi-says-energy-crisis-may-worsen-in-short-term-sole)