The measure could increase demand and lead to supply shortages, the outlet reports A price cap on gas that the EU agreed upon this week may trigger a deeper energy crisis and expose the bloc to supply shortages, Bloomberg reported on Tuesday. The so-called “market correction mechanism” aimed at protecting EU businesses and households from “excessively high gas prices” could in reality encourage demand and lead to an even worse scarcity of gas supplies in Europe, analysts from Golden Sachs said in a report on Monday, cited by Bloomberg. Growing demand would put a squeeze on global supply and may force EU authoritie
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