JP Morgan CEO Jamie Dimon

REUTERS/ Larry Downing

Europe's energy crisis will worsen and last for years, JPMorgan CEO Jamie Dimon warned. Russia has slashed its natural gas supplies from the continent this summer, causing electricity prices to skyrocket. Alternatives to Russian gas and oil are scarce and global demand is high, spelling trouble for energy-strapped Europe.

Europe's energy crisis is going to get worse and may drag on for years, according to JPMorgan CEO Jamie Dimon.

"It is as...

Continue Reading JPMorgan CEO Jamie Dimon warns that Europe's energy crisis will get worse and could last for years