
The oil sector is facing “the most important drought for 500 years
Although the headline sounds like something out of a catastrophic sci-fi movie, the experts referred by the Olive Oil Times this August agree in giving it validity. For example, Andrea Toreti, senior researcher at the European Drought Observatory, affirms that this year’s drought is even more severe than that of 2018, the worst in the last 500 years. As the publication also recalls, the first two months of summer have seen very little significant rainfall in southern and central Europe. As a result, up to 47% of the surface area of the European Community is at risk of severe drought....