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European industry faces heatwave and low water levels
The article discusses the heatwave striking Europe, leading to the lowest levels ever recorded in major waterways such as the Rhine River and the Danube River. This has negatively impacted industrial sectors including oil refining, energy, and chemical industries. The drop in water levels has worsened inland water transport operations, forcing ships to reduce their cargo loads or switch to land transportation, which increases logistics costs and slows down trade movement. The Rhine River has reached a level below the critical threshold, threatening the continuity of waterway transportation and significantly affecting supply chains across Europe.
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